A United States citizen, resident, or entity (such as a business) that has a financial interest in or signature authority over foreign financial accounts must file this form if the aggregate value of the accounts is more than $10,000 at any time during the calendar year.
The FBAR (FinCEN Report 114) can only be filed through the
BSA E-filing System . See the
FinCEN website
for the deadline and more information about filing this form. You may also have to file
Form 3520.
If you need to report a filing requirement on
Schedule B, you can enter that on the
Foreign Accounts and Trusts screen.
Menu Path:
Misc > Income > Foreign Accounts and Trusts