3097022
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.

FBAR Turbo Tax Questioning Seems to be wrong

In the beginning i get question

 

Do you have foreign account with asset => $10000

 

But later it changed to $100,000 on last day or $150,000 at any time , if you answer it says you don't need to file FBAR 

 

is this right? is it $10000 or $100,000 limit?

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 Reply

FBAR Turbo Tax Questioning Seems to be wrong

i might have found answer to my question 

 

these are 2 reporting 8938 ( 100K asset or not ) vs FBAR (10k or high foreign asset )

 

https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question