Question
Schedule B Question 7
I was led to believe an FBAR would be required for a client for 2023. So I answered questions 7a & 7b yes. However, it turns out that the account was never 10k or higher all year. I forgot to correct the Schedule B and the Taxpayer never noticed it until after e-filing the return. How do I correct this?
Do I file the FBAR with the highest balance even though it's under the 10k?
Thanks
Jo Ann S.
