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Deductions & credits
For both the FBAR and Form 8938, you must report ALL your foreign bank accounts if you meet the requirements to file. The filing requirements are based on the total value of your foreign accounts and assets, not on whether any interest is earned in the accounts.
https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements
‎June 1, 2019
4:23 PM