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Schedule B Question 7

jasieve
Level 3

 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.

 

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