Does on-line filing of the FBAR work well?

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CdnAmerican
Posts: 232
Joined: Tue Aug 30, 2011 12:15 am

Does on-line filing of the FBAR work well?

Post by CdnAmerican » Mon Jan 28, 2013 10:09 pm

Basic question. I am lookin to file my FBAR form for this year. I am up to date on my prior FBAR filing. I am wondering if people have had good experiences with using the on-line filing service for this form?

Thanks!
Not a professional opinion.

Phil Hogan, CA
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Joined: Fri Jan 08, 2010 12:11 pm
Location: Victoria BC
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Post by Phil Hogan, CA » Tue Jan 29, 2013 2:29 pm

I have had some clients try, but from what I remember they had trouble making it work from Canada (may be different now).

Most clients however hate the idea of having to submit the forms through the "financial crimes enforcement network".

I don't blame them....

Phil
Phil Hogan, CA, CPA (Colorado)
Canadian and US Income Tax
http://www.hutcheson.ca/about-us/philip-hogan/
http://xborderpros.com
250-661-9417
Victoria BC

nelsona
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Post by nelsona » Tue Jan 29, 2013 2:34 pm

Besides, all the online tax services fill out the form for you accurately, including multiple accounts, joint, etc.
Nelsona Non grata. Non pro. Search previous posts. Happy Browsing :D

CdnAmerican
Posts: 232
Joined: Tue Aug 30, 2011 12:15 am

Post by CdnAmerican » Tue Jan 29, 2013 9:25 pm

Ah yes, very nice call about an online service. I have not previously bought any US tax software, thinking it wouldn't work for me in Canada. But I will give it a shot this year -and it's clearly worth it if it can save those forms for me rather than doing them in Adobe fillable pdf's.

Thanks both of you!
Not a professional opinion.

TooMuchCoffee
Posts: 12
Joined: Fri Sep 30, 2011 2:57 pm

Post by TooMuchCoffee » Tue Jan 29, 2013 10:20 pm

I did this online last year and it worked out all right. There were some technical issues (I use Chrome, and it doesn't work well with chrome) but I eventually managed to do it.

nelsona
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Location: Nowhere, man

Post by nelsona » Tue Jan 29, 2013 11:54 pm

taxact would be nearly free.
Nelsona Non grata. Non pro. Search previous posts. Happy Browsing :D

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