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All glossary terms

Glossary term

FBAR (FinCEN Form 114)

Report of Foreign Bank and Financial Accounts filed with FinCEN, separate from the tax return.

Related terms

2

Jurisdictions

us

Definition

U.S. persons with foreign financial accounts whose aggregate value exceeded $10,000 at any time during the calendar year must file FBAR (FinCEN Form 114) electronically by April 15 with an automatic extension to October 15. FBAR is separate from Form 8938 reporting.

Examples

  • A U.S. citizen with a foreign bank account peaking at $15,000 during the year must file FBAR.

Translations

ESFBAR
ZHFBAR
DEFBAR
FRFBAR
JAFBAR

Citations

31 U.S.C. · 5314

Related citations

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Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.