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Questions tagged [fbar]

FBAR is an abbreviation for the Report of Foreign Bank and Financial Accounts. It is a report required by the US Department of Treasury from anyone who has an aggregate of $10000 or more in foreign bank accounts.

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FBAR reporting for 2017

I'm an American living overseas with a foreign bank account. My bank account was nearing USD50000 so I withdrew 30000 to open another bank account. Therefore I have one bank account with 30000 and ...
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FBAR last year of residence

Next year leaving U.S. for good. Gonna obtain sailing permit with IRS and file taxes as soon as possible. I will need to file FBAR for 2020 as well. Should I file FBAR only for part of the year I ...
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FBAR reporting for non-resident aliens with single-member LLC

(1) According to the FinCen's FBAR filing instructions, "Any US person that has a financial interest in or signature authority over foreign financial accounts must file an FBAR..." This implies ...
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Amending return to include Schedule B?

I included and paid tax on the interest I earned in my foreign account as 1099-INT, but it didn't file a Schedule B or ask if I had foreign accounts. Since the account has over $10k, I need to file ...
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Do Non-Resident Aliens need to file FBAR?

I am on F-1 Student Visa doing my STEM OPT now. As per my understanding, I am considered Non-Resident Alien for Tax purposes. Do I need to File FBAR if I have more than 10,000$ in my NRE account?
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How can one use one's old FBAR form data to populate a new FBAR form?

How can one use one's old FBAR form data to populate a new FBAR form (Report of Foreign Bank and Financial Accounts (FBAR) on FinCEN Form 114)? I tried exporting/reimporting the form data between ...