Compliance Checker

FATCA & FBAR Filing Requirements

Determine whether you must file Form 8938 (FATCA) and FinCEN 114 (FBAR) based on your residency status and foreign account balances.

How This Checker Works

FATCA (Form 8938) and FBAR (FinCEN 114) are separate reporting requirements with different thresholds and rules. Answer the questions below to determine filing obligations. This is educational guidance only - consult a tax professional for your specific situation.

Step 1: Residency Status

What is your US tax residency status?
FATCA thresholds depend on whether you are a US citizen, resident alien, or nonresident alien.

Step 2: Foreign Account Balances

What is your highest aggregate foreign account balance during the tax year?
Include checking, savings, investment, and retirement accounts held at foreign banks or brokers.

Step 3: Filing Status

Are you filing a joint return?
FATCA thresholds increase for married filing jointly.
tk.cpa AI Lab
Mission Privacy tk.cpa
Nothing on this page constitutes legal, tax, accounting, or professional advice, and no professional relationship is created by your use of this website. CPA Validated is an educational website for information purposes only. Information should be verified against current primary authority, including the Internal Revenue Code, Treasury regulations, IRS guidance, and applicable state or local law, before being relied upon or acted on. Calculator outputs are estimates only and may be incomplete or inaccurate depending on the facts, assumptions, and inputs used. CPA Inc. and tk.cpa disclaim liability to the fullest extent permitted by law. Full disclaimer: cpavalidated.com/disclaimer.html