A resident alien for tax purposes is treated as a resident alien/ citizen for most tax items. Interest earned in foreign bank must be recognized and taxed -- enter the details as if you had received form 1099-INT -- just tell TurboTax that your interest earnings were NOT reported on 1099-INT. In place of the Name of the entity, just enter the name of the foreign bank and tell TurboTax that it is a foreign entity.
FBAR requires a total foreign bank account(s) value of equal/ more than $10,000 ( equivalent ) at any time during the year. I f require to fill out the FBAR form , please visit www.fincen.gov and look for form 114 ( can only be filed on-line).
The FATCA requirements are much higher ( $90,000 or higher, depending on your filing status). You just tell TurboTax that you have foreign bank accounts and answer the questions concerning FBAR and FATCA
