skyworks
Level 7
05-14-2020
01:03 PM
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Hi,
Can any one tell if Fincen114 need for the client who has a few RRSP (retirement accounts from Canada)?
If yes, how about the RRSP (retirement acct owned by spouse) as a beneficiary , but spouse is not filing any tax return in US. Spouse filing tax return in Canada for 2019.
Thanks!
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Level 3
05-17-2020
08:15 PM
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Take a look at this link to see if it provides you with some guidance in this area.
https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements