Do you need to file an FBAR?

A one-minute check, no account. A U.S. person must file an FBAR if their foreign accounts, added together, were worth more than $10,000 at any point in the year.

Are you a U.S. person (citizen, resident, or a U.S. entity)?

Yes No

Combined highest value of all your foreign accounts, in US dollars

Add up the most each foreign account was worth at any point during the year. Not the year-end balance.

Check

A guide, not advice. Based on the FBAR rules (FinCEN Report 114; IRS FBAR overview).