pk
Level 15
Level 15

Deductions & credits

@chag2020 

 

you wrote :  "I went to foreign account as I am required to declare all foreign accounts, which is part of a FinCen requirement. "

Sorry that  FBAR  ( as you say it ) is NOT CORRECT.   Please  see the following:

FBAR ---  Report of Foreign Bank and Financial Accounts (FBAR) | Internal Revenue Service

Note this has a threshold of US$10,000  ( there are a few  ands, ifs, buts )  and you file this online  -- form 114 at  FinCen.gov

FATCA -- About Form 8938, Statement of Specified Foreign Financial Assets | Internal Revenue Service

-- this you file with your return and has a threshold that is dependent  on your filing status and your tax home.

 

Is there more I can do for you ?