Question

I have a Natwest account in England from when I was a kid. Do I need to declare this or is it ok? I have not earned income in the UK. I just still have a natwest card

Forum|Forum|6 years ago
March 12, 2020
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TurboTax Self Employed Online

If the aggregate value of your financial accounts exceeds $10,000 at any time during the calendar year, you need to report them. This is a cumulative balance, meaning if you have 2 accounts with a combined account balance greater than $10,000 at any one time, both accounts would have to be reported. For more information see: Comparison of Form 8938 and FBAR Requirements

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