Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
acamacho1996
New Member

Is Bank of Guam a foreign bank?

Guam is a U.S. Possession
1 Reply
FrankF1
New Member

Is Bank of Guam a foreign bank?

For purposes of whether a bank is considered foreign, the following locations are considered part of the United States:

United States, including the District of Columbia;
United States territories and possessions, such as:
  • Commonwealth Northern Mariana Islands
  • American Samoa
  • Guam
  • Commonwealth of Puerto Rico
  • United States Virgin Islands
  • Trust Territories of the Pacific Islands

More information is available from the IRS at https://www.irs.gov/pub/irs-utl/IRS_FBAR_Reference_Guide.pdf

Read more about foreign source income at https://ttlc.intuit.com/questions/1900813-report-of-foreign-bank-and-financial-accounts-on-form-td-f...

Dynamic AdsDynamic Ads
Privacy Settings
v