DawnC0
Intuit Alumni

Deductions & credits

You can continue through the interview.  You only need to file an FBAR if all your foreign accounts added together were over $10,000 on any day during the year.  Make sure that you report any foreign interest or tax paid if applicable.  

According to the federal government:

If you have foreign bank accounts, you may be required to file a Report of Foreign Bank and Financial Accounts (FBAR) if are a US citizen or resident and:

  1. you had a financial interest in or signature authority over at least one financial account located outside of the United States; and
  2. the aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year reported.

To be directed to the US Treasury Government Website to prepare a Report of Foreign Bank and Financial Accounts, click FBAR (TurboTax does not support this form)