Automatic FBAR extension for 2018
Apr 17th 2018, 3:16 am
#1
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Joined: Nov 2006
Location: Hong Kong, mostly.
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Automatic FBAR extension for 2018
Been noticing some statements that this year, 2018, FBAR extensions to October are automatic. No forms needed.
https://www.fincen.gov/sites/default...02-02-2018.pdf
The FBAR filing deadline will follow the Federal income tax due date guidance, which notes that when the Federal income tax due date falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day. (See https://www.irs.gov/filing/individuals/when-to-file.) Accordingly, the due date for FBAR filings for foreign financial accounts maintained during calendar year 2017 is April 17, 2018, consistent with the Federal income tax due date. Filers who fail to file their 2017 calendar year FBAR by April 17, 2018, have an automatic extension up to October 15, 2018.
https://www.fincen.gov/sites/default...02-02-2018.pdf
The FBAR filing deadline will follow the Federal income tax due date guidance, which notes that when the Federal income tax due date falls on a Saturday, Sunday, or legal holiday, the due date is delayed until the next business day. (See https://www.irs.gov/filing/individuals/when-to-file.) Accordingly, the due date for FBAR filings for foreign financial accounts maintained during calendar year 2017 is April 17, 2018, consistent with the Federal income tax due date. Filers who fail to file their 2017 calendar year FBAR by April 17, 2018, have an automatic extension up to October 15, 2018.
Apr 17th 2018, 12:46 pm
#2
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Joined: Jul 2007
Location: North Norfolk and northern New York State
Posts: 14,529
Re: Automatic FBAR extension for 2018
It seems oddly convoluted. One could almost infer that the deadline is October 15.
