Скачать или смотреть FBAR And Filing FinCEN Form 114 : Step By Step Instructions For Reporting Offshore Accounts 2020

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FBAR And Filing FinCEN Form 114 : Step By Step Instructions For Reporting Offshore Accounts 2020. If you are a US citizen and do offshore banking, you may be required to file FinCEN Form 114 for FBAR (Foreign Bank Account Reporting) under the The Foreign Account Tax Compliance Act (FATCA). If you are required to file a FinCEN Form 114, you may also be required to file IRS Form 8938 when you file your taxes. I will show you how to file FinCEN Form 114 online. I will also show you how to calculate the high water mark in your foreign bank accounts and where to get the official foreign exchange rates accepted by FinCEN. Having an offshore bank account is not for tax avoidance. US expats as well as US citizens use offshore banking for completely legitimate reasons. It is not illegal to have an offshore bank account, but it is illegal if you don't file an FBAR when you meet the requirements. Watch this video to see what is considered a foreign bank account and what isn't.