FBAR Requirement: In simple terms, US Citizens and resident aliens (i.e. anyone filing Form 1040)...
Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting
No. Foreign Financial Accounts ^ Reported in FBAR?^ Example* 1 Financial (deposit & custodial) accounts...
Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting
Steps for FBAR Compliance: 1. List investments made in foreign countries and money in foreign...
Tags Asset, Compliance, Department of Treasury, FBAR, FFA, Financial Account, Foreign, foreign exchange, Foreign Financial Account, Investment, IRS, NRE, NRI, NRI Investment, NRO, OCI, PIO, US Reporting