Question
In January 2019, Sonja deposited $20,000 in a bank in the Bahamas. She earned $500 interest income. She closed the account in December 2019. a.
In January 2019, Sonja deposited $20,000 in a bank in the Bahamas. She earned $500 interest income. She closed the account in December 2019.
a.Is Sonja subject to the FBAR reporting requirement?
Sonya is required to file an FBAR form for 2019 because on at least one day during 2019 she had over $??????????
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Principles Of Financial Accounting
Authors: Belverd E Needles, Marian Powers
11th Edition
0538755164, 9780538755160
