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Tax law changes
Is your mom required to file a US tax return? If so, did she receive any income from her account? Here's more info on Resident/Non-Resident Filing.
If you had more than $50,000 as a Maximum Balance in your accounts, you do need to file a Form 8938 "Statement of Specified Foreign Financial Assets", which TurboTax handles.
However, you would need to file a FinCENForm 114, which is not handled by TurboTax. Click here to file FinCENForm 114: https://bsaefiling.fincen.treas.gov/main.html
File your Form 1040 as directed and file the FinCENForm 114 from the above-attached link. Also, see this for reference: Comparison of Form 8938 and FBAR Requirements.
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‎February 8, 2023
2:08 PM