smali29
New Member

Have foreign account, never went $10,000. Do I need to declare something? TurboTax asking Deluxe, what it will declare? should I go back & choose no account. 2018 jointly

Marriage filing jointly 2018, I have foreign bank join account with spouse (regular checking or saving), never went above $10,000 threshold. 

Do I need to file something like Form 8938  or FBAR? 

TurboTax asking Deluxe, what it will declare? if declaration not required. Will it declare account with no declarable amount ?

Is it safe to go back & choose no foreign account, to fix deluxe requirement, I am not sure, if it will miss some tax requirement and may end up in plenty ?

Total US income less then standard deduction. Filing for other reasons.