Susan
In following up with this. This is going to be a problem for me, and I am trying to see what is best for me to do to avoid being audited and to fix my problems in the past. I have not been filing my wifes FBAR and 8938 for the past 6-7 years (since getting married). Once again, she is a non-resident alient that I am treating as a resident for tax purposes. Her net assets are likely around 350k USD. I plan on filing FBAR retroactively for the past 6 yrs, and 8938 for the past 3 yrs to try to stay compliant, but I fear that it would probably trigger more suspicion and risk audit .
For her interest and dividends and gains that she gets from her Canadian security investment, where do I put it on my tax return. As it is foreign, there is no 1099 that they provide. Can I just lump it and add it to the foriegn earned income and exclusion?
Thanks for your help
