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user 44775
FBAR is an abbreviation for the Report of Foreign Bank and Financial Accounts. It is a report required by the US Department of Treasury from anyone who has an aggregate of $10000 or more in foreign bank accounts.
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Should linked fixed deposit accounts to a foreign savings account be reported separately in ...
As I've been living in the United States for the last few years, I'm a "US resident for tax purposes" and am required to file the FBAR (FinCEN Form 114) reporting the amount of money in my foreign accounts … For the past few years, I've been consolidating the savings account and linked FD accounts all into one entry for my FBAR FinCEN Form 114, so the "maximum account value" I report is the maximum value of …
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