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For FBAR (FinCEN Form 114) and Form 8938 (FATCA), do I have to report foreign bank accounts closed before I got the greencard?

I got a greencard by arriving US in November, 2025. Do I need to report bank accounts closed before I became a US person?

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DaveF1006
Expert Alumni

For FBAR (FinCEN Form 114) and Form 8938 (FATCA), do I have to report foreign bank accounts closed before I got the greencard?

Yes, you need to file an FBAR if your total foreign account balances were more than $10,000 between January 1 and December 31, 2025. You must report all accounts you held during that year, including those you closed before November.

 

 

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DaveF1006
Expert Alumni

For FBAR (FinCEN Form 114) and Form 8938 (FATCA), do I have to report foreign bank accounts closed before I got the greencard?

Yes, you need to file an FBAR if your total foreign account balances were more than $10,000 between January 1 and December 31, 2025. You must report all accounts you held during that year, including those you closed before November.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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