No you do not need to upgrade to file a FinCen 114. In fact you can file it online here. Form 8938 is not required if the total foreign-held asset value was $50,000 on the last day of the tax year, or $75,000 at any time during the tax year. If you are married and file jointly with your spouse, the threshold is $100,000 on the last day of the year or $150,000 at any time during the tax year, according to IRS.gov.
If you don't have this filing requirement, you do not need to file a 8938 thus you do not need to upgrade.
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