Reporting of Foreign Accounts (FBAR)

tdf 90-22.1

Report Foreign Bank and Financial Accounts (FBAR<)

Please Note: This form is not filed with the IRS, but instead the Treasury. Thus the timely mailed-timely filed rule does not exist, additionally there is no extra grace for weekends nor holidays. Historically, if the deadline falls on a weekend, the due date should be treated as the Friday before for paper filers.

Fortunately there is a way for us to manually e-file the form.

As of 2016 the FBAR can be extended, by extending your individual tax return, but remember the penalties for non-filers can be extreme.