pk
Level 15
Level 15

Deductions & credits

@sourav93  if you are filing a joint return and therefore a joint 8938, you would need to  report  each and every bank account you own or have signature authority over whether joint or individual.  What  they are trying to get from you  is all foreign accounts wherein your names appear ( because you are both US persons.   Note that the trigger level is based on aggregate amounts over the  accounts.

 

Does that make sense ?

 

Namaste ji

 

pk