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US TAX – BLOG WHAT IS FBAR? (fOREIGN BANK ACCOUNT REPORT) OR FINCEN FORM 114? TABLE OF CONTENTS Introduction Who should be filing FBAR (Foreign Bank Account Report) ? Do Green Card Holders or Foreign Nationals who elect to file a Full Year Tax Return file FBAR? Which Foreign Financial Accounts need to be reported […]
COMPARISON OF FORM 8938 AND FBAR WHAT IS FBAR & FORM 8938 ? Table of contents: What is a Financial Account for FBAR & Form 8938 Reporting? Who must file FBAR? Who must complete form Form 8938 on their Tax return? What’s the penalty for not filing Form 8938 and FBAR ? Key Points Introduction
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