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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 3 questions that have been tagged with FBAR. Explore the questions to find discussions and information relevant to this topic.
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Mar 1, 2026
2 months ago
Robert ********
ORIGINAL POSTERI have a question that I don’t see mentioned here. For U.S. Expats who have a bank account count in Thailand where they deposit their 800,000 baht requirement to satisfy their year extension. Do they complete the FBAR each year? I think it is called FinCen form 14.
14 comments
May 4, 2022
4 years ago
James *********
ORIGINAL POSTERLearned 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!
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!
26 comments
Oct 18, 2020
6 years ago
Ace ****
ORIGINAL POSTERQuestion 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
Thanks in advance
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