FBAR (Foreign Bank and Financial Accounts)
Reporting requirements for foreign financial accounts.
If you have a financial interest in or signature authority over foreign financial accounts, and the aggregate value exceeds $10,000 at any time during the calendar year, you must file an FBAR.
Reporting Requirements
- Filed separately from your tax return via FinCEN Form 114.
- Deadline is typically April 15, with an automatic extension to October 15.
- Includes bank accounts, brokerage accounts, mutual funds, and trusts.