FBAR Due Date & the Last Day to to File the Form?

FBAR Due Date & the Last Day to to File the Form?

Did I Miss the FBAR Due Date?

FBAR Due Date: The FBAR Due date used to be June 30th. Then it was changed to April 15th. But, the FBAR is on automatic extension, through October 15th.

As provided by the IRS:

“The FBAR is an annual report, due April 15 following the calendar year reported. 

You’re allowed an automatic extension to October 15 if you fail to meet the FBAR annual due date of April 15. You don’t need to request an extension to file the FBAR.

If you are affected by a natural disaster, the government may further extend your FBAR due date. It’s important that you review relevant FBAR Relief Notices for complete information.

For certain employees or officers with signature or other authority over, but no financial interest in certain foreign financial accounts, the 2018 FBAR due date is deferred to April 15, 2020. See Notice 2018-1 (PDF).”

If You Missed the Filing Date?

If you missed the filing date, there are various FBAR Amnesty Programs to assist you with filing, and reducing or avoiding penalties. Do not succumb to a quiet disclosure — it is not worth the risk.

Golding & Golding: About Our International Tax Law Firm

Golding & Golding specializes exclusively in international tax, and specifically IRS offshore disclosure. 

Contact our firm for assistance with getting compliant.