My wife came to US in 2008 as H4 and stayed as H4 (no SSN, but ITIN).
In 2008, I send money to her account from US amount 15,000$ in multiple transactions.
Recently I am hearing about FBAR, and that I should have told to IRS, in 2009 tax filing, that we had a foreign account, which has account >10,000$.
I didn't tell that.
I am so much worried now, about this FBAR rules and penalties ?
can some one advice
In 2008, I send money to her account from US amount 15,000$ in multiple transactions.
Recently I am hearing about FBAR, and that I should have told to IRS, in 2009 tax filing, that we had a foreign account, which has account >10,000$.
I didn't tell that.
I am so much worried now, about this FBAR rules and penalties ?
can some one advice