Turbo tax form for 1099 div asks if FATCA filing requirement box is checked

[juck40]

why do I need to  worry about FATCA requirement

[KrisD15]

If you hold international stock. 

"FATCA requires certain U.S. taxpayers who hold foreign financial assets with an aggregate value of more than the reporting threshold (at least $50,000) to report information about those assets on Form 8938, which must be attached to the taxpayer’s annual income tax return"

Link about FATCA