Thursday, June 2, 2011

FBAR due is fast approaching



TD F 90-22.1 Report the form TD F 90-22.1 to IRS by June 30 of the year following the year that the account holder meets the $10,000. The granting, by IRS, of an extension to file Federal income tax returns does not extend the due date for filing an FBAR. Filers cannot request an extension of the FBAR due date.
If a filer does not have all the available information to file the return by June 30, they should file as complete a return as they can and amend the document when the additional or new information becomes available. Click on the below given link to know more about fbar. 

No comments: