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Deductions & credits
Likely nothing. Filing the FBAR this year will not necessarily trigger penalties for failing to file last year.
If you have foreign assets exceeding $10,000 value in USD this year, you must file Form 114.
For more information about filing, follow this link: FBAR requirements
To file, follow this link: FBAR Filing
‎June 4, 2019
2:41 PM