Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 12:55:45 AM

I have foreign bank account but the value is less than $10000. Do I still need to file FBAR? If yes then how?

0 1 725
1 Replies
Expert Alumni
Jun 1, 2019 12:55:47 AM

If your foreign bank account balance never exceeded $10,000 during 2018, you are not required to file a FBAR.

If you need to file a FBAR, you can file it online here:

https://bsaefiling.fincen.treas.gov/NoRegFBARFiler.html