A Stress-Free Introduction to the FBAR: What Americans Need To Know About Foreign Bank Accounts
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- čas přidán 24. 07. 2024
- If you move abroad, you are likely going to need a local bank account. And if you’re a U.S. citizen, you may need to report that account to the IRS through something called an FBAR. In this video, I explain what the FBAR is, who needs to file one, the deadline to file by, and more!
Still curious about something I didn’t include? Ask me below!
🔗 LINKS
Get help with the FBAR from my favorite tax service (MyExpatTaxes): app.myexpattaxes.com/wizard?r...
About the FBAR:
www.irs.gov/pub/foia/fincen-f...
www.irs.gov/pub/irs-pdf/p5569...
Are you a US person? www.irs.gov/individuals/inter...
File the FBAR: bsaefiling1.fincen.treas.gov/...
Help filing late FBARs: www.myexpattaxes.com/streamli...
🎬 VIDEOS
Filing US taxes from abroad:
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Voting in US elections from abroad: • How to Vote in the US ...
✨ SOCIAL
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DISCLAIMERS:
I get commissions for purchases made through one or more links shared above at no additional cost to you.
I am not a tax or legal professional. I am simply sharing my experiences as an American with a foreign bank account to help illustrate the process.
Good info on FBAR, thanks for sharing!
Hi, can you make a video about the post office in Post Office in Portugal? I didn't find a video like this on CZcams. How to ship abroad, cost, can you print a shipping label from home or do you need to go to the port office and have them do it? Thanx
For some reason when wearing headphones the audio is only on the right side.
how to find houses in portugal can you make a video on it
why would you bother keeping money outside the US actually? just get a schwab account that has no atm fees, no foreign exchange fee, and great exchange rates.
either FBAR or you get fubar.
DIVE, DIVE, DIVE, DIVE, DIVE...!!!
WE ARE TIRED OF SEEING IT!!!!