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Deductions & credits
You must report on your tax return that you have a foreign account and answer the other questions. You can check that you do not need to file FinCEN Form 114 but you still must tell the IRS that you have a foreign account.
These questions are located at the bottom of Schedule B.
Please see Schedule B attached.
https://www.irs.gov/pub/irs-pdf/f1040sb.pdf
‎June 1, 2019
11:05 AM