FBAR

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

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Kerman
Posts: 2
Joined: Wed Jun 20, 2012 11:14 pm

FBAR

Post by Kerman »

Hello, this is a very informing forum,

I understand that these questions are very basic, but appreciate it if someone helps me with them, these are about FBAR:

1. I filed my taxes as MFJ. But foreign accounts are only under my name and they are not joint, so my spouse doesn’t need to file FBAR, and she doesn’t need to sign mine. Am I right?
2. I am inside US. So can I still send TDF 90-22.1 form with FedEx to the courier address or I only can send it to the PO Box?
3. One of my accounts had less than a dollar (less than 50 cents); can I put it as 0.xx ? Or all numbers should be rounded?

Thank you in advance
Kerman
Posts: 2
Joined: Wed Jun 20, 2012 11:14 pm

Post by Kerman »

appreciate it if someone helps me
qweryt
Posts: 33
Joined: Mon Aug 01, 2011 8:11 pm

Post by qweryt »

1. Yes.
2. You can send the form to any address designated to receive TDF 90-22.1 form. It doesn't matter.
3. Both ways are OK.
Mach7
Posts: 166
Joined: Sun Dec 11, 2011 3:19 pm

Post by Mach7 »

Kerman,

Be advised there are TWO different addresses to send the FBAR...one is for regular mail and the other for courier service ie:FedEx.

Personally i would send it fedex, as you have a confirmation in your back pocket that it was sent and someone in Detroit signed for it.

The addresses are located on the FBAR instructions.
oldgringo
Posts: 37
Joined: Fri Jun 24, 2011 1:24 pm
Location: CANADA

Post by oldgringo »

send it to the right address..we sent our fbars registered mail to the regular mail box # by mistake...our fbars disappeared and were never delivered or returned to us.
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