Transcription of Foreign Bank Account Form FAQ - BritishExpatsTax.Com
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Foreign Bank Account Form FAQ - BritishExpatsTax.Com
Frequently Asked Questions FinCEN form 114, Report of Foreign bank and Financial Accounts (FBAR) Can I paper file the FBAR? No. This filing must be done on-line directly with FinCEN. Paper submiss ions are no longer accepted. The link below will take you to a site from which you may complete and e-file the form : http:// bsaefili Who is required to file the FBAR? Generally, all United States persons are required to file a FBAR to report a financial interest in or signature or other a uthority over Foreign financial accounts if the aggregate value of the Foreign financial Account (s) exceeds $10,000 at any time during the calendar year. Who is a United States person for purposes of the FBAR?
The FBAR requires a filer to report both separately and jointly owned accounts on one form. A spouse who has a joint financial interest in an account with an individual who is filing an FBAR should be
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