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Should I report my investment funds in Brazil, if I'm still a Brazilian fiscal resident?

 
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DDollar
Expert Alumni

Should I report my investment funds in Brazil, if I'm still a Brazilian fiscal resident?

Whether you need to report them depends upon the amount and your status. 

Specified individuals living in the US:

  • Unmarried individual (or married filing separately): Total value of assets was more than $50,000 on the last day of the tax year, or more than $75,000 at any time during the year.

  • Married individual filing jointly: Total value of assets was more than $100,000 on the last day of the tax year, or more than $150,000 at any time during the year.

For more information, see:https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements




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