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this video is about IRS form 8938 who is required to file and what are the rules for who needs to file now do not confuse form 8938 with the f bar form known as FinCEN form 1:1 for if you need to file form 8938 then you will almost definitely need to file the f bar as well since the f bar has a lower reporting threshold than the 8938 this video is only about people who are US citizens and resident aliens who are required to file US taxes and have bank or brokerage accounts outside of the US it includes people who live in the US and people who live outside of the US I do not know the specifics for corporations partnerships and trusts so that is outside the scope of this video as you may know the f bar filing threshold for every u.s. person whether they live in the US or outside of the US is that the combined highest value of your accounts during the year has to exceed $10,000 in u.s. dollars the threshold for the IRS form 8938 is different for people living in the u.s. you are required