itonewbie
Level 15
12-07-2019
02:10 AM
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The threshold of $10,000 is determined at the individual level for each US person. So long as the spouses don't have signatory authority over the other's separate account, neither of them should be required to file an FBAR.
As you are probably already aware, the threshold of $10,000 is the maximum aggregate balance at any point during the year, taking into account the Treasury Department's published exchange rates.
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