If you have bank accounts or other foreign financial assets there may be reporting requirements you are not aware of.  There is a requirement called FBAR (Foreign Bank account report) which is due June 30 and applies if the total value of your foreign accounts is over $10,000 at any time during the calendar year.  The form which must be filed is TD F 90-22-1 and is filed separately from your income tax return.  There are hefty penalties for not reporting properly.  There is also a reporting requirement called FACTA (Foreign Account Tax Compliance Act).  This requires taxpayers who have foreign financial assets with a total value greater than $50,000 to report information about those assets on a new form (form 8938) that must be attached to your annual tax return.