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This page displays all the results for the FBAR tag, sorted by the most recent activity. There are a total of 2 questions that have been tagged with FBAR. Explore the questions to find discussions and information relevant to this topic.

What do Americans need to know about filing FBAR for foreign bank accounts?

May 4, 2022

3 years ago

James *********

ORIGINAL POSTER

Learned this from a CPA friend of mine... 

If you are American and have a foreign bank account - you need to fill out "FBAR, *Form* 114" with your taxes yearly, or ELSE! There is a $100,000 fine that may be leveled against you, if you don't. Look it up - don't find out the hard way!

FBAR Form 114 foreign bank account reporting US taxation tax implications for expats penalties for FBAR non-compliance IRS regulations Thailand living abroad expat taxes

26 comments

What are the tax implications for US citizens leaving money in a Thai bank account?

Oct 18, 2020

4 years ago

ORIGINAL POSTER

Question regarding opening bank here as a US citizen. I had to do the W9 form. The bank person said the US government will tax me based on the money I leave in the bank. I just wonder how does it all work. Will the tax be on the interest amount or the total balance amount? 

Thanks in advance

US Tax Laws FBAR Thai Bank Accounts Interest Income Expat Financial Regulations Non-Interest Bearing Accounts International Tax Compliance

33 comments

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What do Americans need to know about filing FBAR for foreign bank accounts?

26 comments

3 years ago

What are the tax implications for US citizens leaving money in a Thai bank account?

33 comments

4 years ago

Does Kasikorn or Bangkok Bank issue the FET form on the spot for condo purchases?

2 comments

2 years ago

What should retired US expats know about SSA Form 7162 and receiving Social Security benefits while living abroad?

48 comments

6 months ago

What are the recent changes in how foreign funds can be transferred for Thai immigration requirements?

3 comments

6 years ago

How do I report a bank transfer of 800,000 Baht for a Non-Immigrant O Visa to German and Thai authorities?

20 comments

6 months ago

What tax information is needed for U.S. passport holders transferring bank accounts in Thailand?

66 comments

7 months ago

What are the pros and cons of Non-O and Non-OA visas in Thailand, and what are the tax implications of maintaining a Thai savings account for these visas?

14 comments

2 years ago

Do I need an FET form to buy a condo in Thailand from another foreigner under 50k USD?

40 comments

a year ago

How is the 65K transfer coded in a Kasikorn bank account for visa requirements?

11 comments

5 years ago

Can I use a foreign currency deposit account for marriage extension seasoning in Thailand?

4 comments

4 years ago

Can you request a bank statement to prove foreign funds at any Bangkok Bank branch?

29 comments

2 years ago

What Should DTV Holders Know About Filing PND94 Tax Returns in Thailand?

124 comments

3 months ago

Can I use my FCD USD account at Krungsri bank for my visa extension application in Thailand?

8 comments

3 years ago

Can I use my IRA brokerage account for the 800,000 baht requirement for an OA visa in Thailand?

31 comments

4 years ago

What should I do if I'm at risk of a fine for not reporting my stay in Thailand?

27 comments

6 years ago

Where can I find the Power of Attorney form on Facebook or online?

5 comments

7 years ago

What should expats know about opening a bank account in Thailand to avoid triggering expatriation?

1 comments

2 months ago

Can I use a foreign currency account to meet the financial requirements for a 50+ visa in Thailand?

45 comments

8 months ago

What should I do if my bank transfers for my retirement visa don't show as coming from abroad?

12 comments

4 years ago

Do you need a US social security number to open a bank account in Thailand?

46 comments

9 months ago

How do I obtain an FBI background check for a Non-OA retirement visa application?

3 comments

4 years ago

How do I self-file a TM30 in Bangkok without documentation from my landlord?

81 comments

5 years ago

How can I ensure my international money transfer is recognized by Thai immigration for the 65K requirement?

0 comments

6 years ago

What are the requirements for showing proof of funds when applying for a Non-O retirement visa extension in Thailand?

28 comments

3 years ago

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