If at any time during the year the value of the fo...
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Deductions & credits

If at any time during the year the value of the foreign account was more than $10,000, you are required to file an FBAR.  This form is not prepared by TurboTax.  It must be filed online through a Department of the Treasury website.  There is no filing fee.  Please follow this link for more information.  FBAR Reference Guide

You may also need to file Form 8938.  Please follow this link for more information.  https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

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