Reporting FBFAs for past years

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LN
Posts: 2
Joined: Sun Apr 02, 2006 12:03 pm

Reporting FBFAs for past years

Post by LN »

TD F 90-22.1 for past years. Is it better to file or not file? All we had were RRSP accts left in Canada and I didn't know they counted. Now that I know, I am filing for 2007 but what should I do about previous years? The govt site mentions there could be penalties even for unintentionally not reporting. How likely is it they will fine for this type of account?
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