FBAR – Foreign Bank Accounts Reporting
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FBAR – Foreign Bank Accounts Reporting Obligation
Every US citizen/resident is required to provide an annual report of foreign financial accounts (outside the US),
if the accumulated balance exceeds $10,000 throughout the year.
Financial accounts include, but are not limited to:
| Extension via Form 4868 | Automatic Extension | 1040 Report Date | Individual |
| 15.10 | NONE | 15.04 | US citizen residing within the US |
| 15.10 | 15.06 | 15.04 | US citizen residing outside the US |