turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

CKRK
New Member

I've less than 100k in foreign bank account. Do I have to file FBAR?

If I have to file FBAR, Can I file online? Do I have to pay fee for filing FBAR?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardG
New Member

I've less than 100k in foreign bank account. Do I have to file FBAR?

If at any time during the year the value of the foreign account was more than $10,000, you are required to file an FBAR.  This form is not prepared by TurboTax.  It must be filed online through a Department of the Treasury website.  There is no filing fee.  Please follow this link for more information.  FBAR Reference Guide

You may also need to file Form 8938.  Please follow this link for more information.  https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

View solution in original post

1 Reply
RichardG
New Member

I've less than 100k in foreign bank account. Do I have to file FBAR?

If at any time during the year the value of the foreign account was more than $10,000, you are required to file an FBAR.  This form is not prepared by TurboTax.  It must be filed online through a Department of the Treasury website.  There is no filing fee.  Please follow this link for more information.  FBAR Reference Guide

You may also need to file Form 8938.  Please follow this link for more information.  https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies