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April 15, 2024
Question

Foreign account

  • April 15, 2024
  • 2 replies
  • 0 views

Hello, 

    I am from a foreign country and have a bank account in that country but lived in the U.S for a while, do I need to report that I have a foreign account since this is my home country? 

 

Thanks 

    2 replies

    April 15, 2024

    You only need to report a FBAR if you are a US citizen or US resident.

     

    Nonresident aliens aren't required to file FBARs.

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    BeeBee4Author
    April 15, 2024

    Thank you!

    Employee
    April 16, 2024

    @BeeBee4 , generally agreeing with the answers from my colleagues @MinhT1  and @SusanY1 ,  I am unsure if you are a Resident for Tax purposes ( hence subject to FBAR and FATCA regs ) or you are still a Non-Resident Alien.

    (a) which country are you from?

    (b) what visa are you on?

    (c) how did you file in 2022?

    (d)  your source of income ( business / wages / teacher / student or what )?

     

    Please answer  and I will circ le back once I hear from you