If I have foreign assets greater than 10K but less than 100K so Form 8938 not required Is FBAR submission still required?

Maybe.

If the total value of your foreign financial accounts, such as bank accounts, exceeds $10,000 during the calendar year, you'd still need to file a Form 114. TurboTax can now file these reports, however you can also file directly with FinCEN.

You'll need to file a Form 8938 if the value of your foreign financial accounts exceeds $50,000 on December 31 (or $100,000 if married filing jointly) or $75,000 ($150,000 if married filing jointly) at any point during the year. This form is filed with your tax return. Even if you aren't required to file a Form 8938 with the IRS, you may still be required to file Form 114 with FinCEN.

For more information, please see:

- Report of Foreign Bank and Financial Accounts 

- Instructions for Form 8938

- How do I file an FBAR report (FinCEN 114)?

[Edited 1/22/25 at 3:18pm PST]