pk
Level 15
Level 15

After you file

@makorin , thank you for answering my questions.  I understand  better on how this situation has evolved.

No, I don't think I would change my  earlier articulation.  However, I think all you need to do is to amend  only the returns  ( for form 8938 inclusion ) to the later of  (a) when you became a US person  and (b) when you became aware of the existence of the account(s).

BTW -- in your first post you mentioned about "interest" -- do you mean that you have had  yearly interest earnings  that you have not recognized ?  If so , you need to  recognize  these earnings and  pay US taxes on these.  If the amount is small, it may not affect your tax liabilities for the years that you need to amend.

In any case, please  make sure that your future  filings are all accurate  ( for FBASR, FATCA and  interest earnings  recognition etc. ).  IRS has a habit of  flagging and tracking  tax payers for at least three years  to make sure  the  taxpayer is compliant.

Hope this helps. 

Is there more I can do for you ?

konnichiua

 

pk

 

pk