RentLedgerFBAR (FinCEN 114)
Report of Foreign Bank and Financial Accounts
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This content is for informational purposes only and does not constitute legal, tax, or financial advice. Tax laws change frequently — always verify with the CRA and IRS or consult a qualified cross-border tax accountant before making decisions.
April 15 (automatic extension to October 15)
US persons (citizens, green card holders, substantial presence test passers) with Canadian or other foreign bank accounts over $10,000
What is FBAR (FinCEN 114)?
US persons (including Canadian citizens with US green cards or substantial presence) must file an FBAR if they have financial interest in or signature authority over foreign accounts exceeding $10,000 at any time during the year. Canadian bank accounts qualify.
Who Needs to File FBAR (FinCEN 114)?
US persons (citizens, green card holders, substantial presence test passers) with Canadian or other foreign bank accounts over $10,000
Filing Deadline
April 15 (automatic extension to October 15)
Related Forms
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