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Question On Declaring The Foreign Bank Accounts While Filing W2


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Is it mandatory to declare Indian back accounts details while filing w2 returns?

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India lo personal bank account lo more than or equal to $10000 balance unte FBAR file cheyyali anukunta.....

Posted

India lo personal bank account lo more than or equal to $10000 balance unte FBAR file cheyyali anukunta.....

 

Not exactly..$10 k balance or more at any point of time during the year..even if you have $10k or more even for one day in foreign bank account ,you need to file FBAR

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