Filed my first FBAR, should I amend it?

[noront 6]

Hi,  

 

I've just filed my first taxes as a partial-year resident working in the U.S. in 2017. I filed the FBAR disclosure about my foreign-held accounts, as they exceeded $10,000 when combined. My accounts with one brokerage were also listed USD so I filed them correctly,  but I have other accounts that were not listed in USD and I forgot to convert them. The end result is that I've overreported the amount in my accounts (i.e. it would be lower if converted in to USD.) It's not a huge amount total, so the difference would be relatively small, probably a few thousand dollars less.

 

Should I file an amendment to correct for the currency conversion, or will that invite more problems than it's worth?

 

I'm planning to file for AOS later this year and so want to make sure all my tax filings are in order.

Thanks!

[SusieQQQ 11,586]

I would suggest you file the amendment, partly because you should always be accurate with the irs and partly because it needs to sync with what’s declared on your tax return.