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by pat999
Sat Apr 23, 2011 1:29 am
Forum: TAT Admin Office
Topic: FBAR and Loan account question
Replies: -1
Views: 33

FBAR and Loan account question

FBAR requirement requires that a person with aggregate foreign accounts > $10,000 in value file form 90.221. How is the aggregate computed? For e.g. if a person has a foreign loan account, will the loan's balance (which happens to be negative) be also included in the aggregate calculations? E.g. for ...

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