I am a new US resident (green-card) for 3 years. And all this time, I went to the United States every six months to maintain my status. All this time, I also worked in Russia for the company and of course had accounts in Russia, since I live in Russia now. Now I found out about the FBAR and there were questions that I don't answer.
The fact is that in 2019 I was doing a loan refinancing. That is, I had a debt in a Russian bank for 40k dollars, and took a refinancing loan for 52k dollars. In the bank statement, it looks like this: 52k was credited, then 40k was written off in favor of the old loan and $12k remained. Then I withdrew the 12 thousand from the account and spent it on the needs of the family. So Is this credit's money issued as a loan considered to be subject to declaration in FBAR? If yes, then I need declare 52k or 12k?
Also in Russia, my employer every month put my salary to my salary card(Maybe it's only in Russia called like this. It's usual Visa card, where employer put my salary(this card has a bank account). . So Is this salary's money i considered to be subject to declaration in FBAR?
Also I have 2 credits cards in Russia. I don't know how this named in America. But I have credit card and there $5k limit which I don't use, but if I want, let's say I can use this money in supermarket. Do I need aggregate this money and calculate them, (as part of 10k FBAR rate)
Last question. I filled my declaration 1040 married jointly and my son is other dependent. If for the above reasons I need to file the FBAR, should I only do it for myself, or do I need to show my wife and son's accounts(they are also green card holders)? My wife and son have bank accounts in Russia since they live in Russia. But the accounts in the name of the wife do not have 10k, and the accounts of the son do not have 10k)
There are a lot of questions, sorry about that. But I really hope for your help. All tax agents refuse to consult, referring to the tax season.
