265341
You'll need to sign in or create an account to connect with an expert.
For both the FBAR and Form 8938, you must report ALL your foreign bank accounts if you meet the requirements to file. The filing requirements are based on the total value of your foreign accounts and assets, not on whether any interest is earned in the accounts.
https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
scaldwell529
New Member
Wheelerhou
New Member
jacquelynbullock
New Member
zena-moore
New Member
ryan-wilson
New Member