April 26, 2015
Basic Information on filing FBAR – FINCEN Form 114 for 2014

Notes:
Who must file a Form 114 FINCEN FBAR Form:

• Any United States person who had a financial interest in or signature authority over at least one financial account located outside of the United States; and
• the aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year reported.

~ The FBAR (filed on-line) must be received by the Department of Treasury on or before June 30th of the year immediately following the calendar year being reported.

~ The June 30’th filing date may not be extended.

~  We advise reading  all  of the instructions before starting to fill out the FBAR .PDF form,  because the government software is somewhat cranky – and if you mistakenly fill out some fields, they cannot be abandoned, corrected, or deleted. (in our experience)

Simplified Instructions:
1.  Get your account information together for all foreign accounts – noting the annual
…   Want to continue reading?
Full details and translations can be found in the Main Article (see Header): 
Filing FBAR Foreign Financial Account Information for US Citizens for FINCEN 114 – Article

Also see our Master article on Taxes at: IRS Tax Issues for Americans Living and Working Abroad in Mexico – Master Article for more FBAR and FATCA filing information & requirements.
~ ~ ~ ~ ~ ~ ~

Feel free to copy while giving proper attribution: YucaLandia/Surviving Yucatan.
© Steven M. Fry
Read-on MacDuff . . .