SingerHiker
Returning Member

How to report a closed personal foreign bank account under $1,700

@DaveF1006 

I closed a personal bank account in 2023 that I believe has always had less than $2,000.  I thought for 20 years the account was closed but found out a few years ago that it wasn't.  I just received the statements this year.  Since discovering this, when doing my annual tax filing, I understood the IRS info to say that an FBAR filing wasn't needed under $10,000.  Last year the foreign bank closed the account and I  received this small amount in my credit union account last summer. I don't know how to report this.  I don't remember if the northern European bank would have reported it to the IRS given its closing amount under $1,700.  I'm not sure what do.  Can you assist me?  I need to file by Oct. 15, since I did file for an extension. Other than this problem my taxes have been easy enough for me to do.

Thank you in advance for any tips.