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FinCEN Form 114

Any US tax resident with a financial interest in, or signature authority over, a foreign financial account is required to file this form, “Report of Foreign Bank and Financial Accounts” (commonly called FBAR), if the value of the assets in the account exceeds $10,000 at any time during a tax year. The form is filed electronically at the website of the Financial Crimes Enforcement Network (FinCEN) and is due by June 30 of the year following the tax year when the reporting was triggered.