Be sure to keep track of the FBAR filing deadline to avoid penalties.
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Currently, the FBAR is due June 30, 2016 for the 2015 filing year with no filing extensions. Beginning next year, the deadline is moving to the same day as Tax Day - April 15th - and you'll have the same filing extension options as you do for your tax return. You'll receive an automatic two-month extension if you're living overseas on April 15th, and may request an extension up until October 15th.
Submitted on Jul 26, 2016 - Category: Expat Finance
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