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Do I need to report a FBAR? I live in Japan and have a Japanese bank account that is just over 10K USD. TurboTax is saying yes and no.
When I submitted my background info, it says that since the total value of your specified foreign financial was not over 200,000 USD/ 300,000 USD. It says, "Turns out you don't need to report your Foreign Financial Assets."
Confused if I need to submit an FBAR or not.
Monday