FBAR's and RRSPs

ChromiumDioxide · Post by **ChromiumDioxide** » Fri Jun 27, 2014 11:45 am

Hello

I'm preparing my FBAR for filing before the deadline and wanted to check if Canadian RRSP accounts need to be declared in it?

Thanks

nelsona · Post by **nelsona** » Fri Jun 27, 2014 11:53 am

Is this your first year of this?

of course they, along with all other foreign accounts need to be declared. Once you amass 10K in foreign accounts, there are no foreign accounts that are exempt from FinCEN.

dazealex2 · Post by **dazealex2** » Thu May 07, 2015 6:41 am

Are TFSAs to be reported also even if they were closed out in January prior to one's departure to the US? Would the 3250/A take care of that reporting?