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USA taxes

By Hilde in Tax & Finances During US Immigration

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Hilde Community Regular

Hilde   381

Posted
Filed: IR-1/CR-1 Visa Country: Brazil
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Hello VJ Family!


I am about to file my 2019 taxes and need a little help.

 

I live abroad and have been filing my taxes every year. But my accountant died last year (so sad!). I have been doing some research and see that if I have "foreign financial account, exceeding $10000 account balance (adding up all the account), the Bank Secrecy Act may require you to report the account yearly to the Department of Treasury by electronically filing a Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (FBAR). https://bsaefiling.fincen.treas.gov/main.html" 

 

I honestly don´t know if he has ever done this and unfortunately I cannot ask him anymore...

 

Anyone know how I can find out if this was filed in the past??

Thank you!!

 

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Ryan H Grand Master

Ryan H   3,812

Posted
Filed: Lift. Cond. (apr) Country: China
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Posted

Moved from IR-1/CR-1 Progress Reports to Tax & Finances During US Immigration forum.

Our journey:

Spoiler

September 2007: Met online via social networking site (MySpace); began exchanging messages.
March 26, 2009: We become a couple!
September 10, 2009: Arrived for first meeting in-person!
June 17, 2010: Arrived for second in-person meeting and start of travel together to other areas of China!
June 21, 2010: Engaged!!!
September 1, 2010: Switched course from K1 to CR-1
December 8, 2010: Wedding date set; it will be on February 18, 2011!
February 9, 2011: Depart for China
February 11, 2011: Registered for marriage in Wuhan, officially married!!!
February 18, 2011: Wedding ceremony in Shiyan!!!
April 22, 2011: Mailed I-130 to Chicago
April 28, 2011: Received NOA1 via text/email, file routed to CSC (priority date April 25th)
April 29, 2011: Updated
May 3, 2011: Received NOA1 hardcopy in mail
July 26, 2011: Received NOA2 via text/email!!!
July 30, 2011: Received NOA2 hardcopy in mail
August 8, 2011: NVC received file
September 1, 2011: NVC case number assigned
September 2, 2011: AOS invoice received, OPTIN email for EP sent
September 7, 2011: Paid AOS bill (payment portal showed PAID on September 9, 2011)
September 8, 2011: OPTIN email accepted, GZO number assigned
September 10, 2011: Emailed AOS package
September 12, 2011: IV bill invoiced
September 13, 2011: Paid IV bill (payment portal showed PAID on September 14, 2011)
September 14, 2011: Emailed IV package
October 3, 2011: Emailed checklist response (checklist generated due to typo on Form DS-230)
October 6, 2011: Case complete at NVC
November 10, 2011: Interview - APPROVED!!!
December 7, 2011: POE - Sea-Tac Airport

September 17, 2013: Mailed I-751 to CSC

September 23, 2013: Received NOA1 in mail (receipt date September 19th)

October 16, 2013: Biometrics Appointment

January 28, 2014: Production of new Green Card ordered

February 3, 2014: New Green Card received; done with USCIS until fall of 2023*

December 18, 2023:  Filed I-90 to renew Green Card

December 21, 2023:  Production of new Green Card ordered - will be seeing USCIS again every 10 years for renewal

 

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Wuozopo Veteran

Wuozopo   4,293

Posted
Filed: Citizen (apr) Country: England
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Posted
On 2/20/2020 at 10:42 AM, Hilde said:

Hello VJ Family!


I am about to file my 2019 taxes and need a little help.

 

I live abroad and have been filing my taxes every year. But my accountant died last year (so sad!). I have been doing some research and see that if I have "foreign financial account, exceeding $10000 account balance (adding up all the account), the Bank Secrecy Act may require you to report the account yearly to the Department of Treasury by electronically filing a Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (FBAR). https://bsaefiling.fincen.treas.gov/main.html" 

 

I honestly don´t know if he has ever done this and unfortunately I cannot ask him anymore...

 

Anyone know how I can find out if this was filed in the past??

Thank you!!

 


They have a helpline that may be able to get you to the right person to ask. 

 

 For answers to questions regarding BSA regulations, contact FinCEN's Regulatory Helpline at 800-949-2732; if calling from outside the United States contact 703-905-3975.

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Lil bear Mentor

Lil bear   4,218

Posted
Filed: Citizen (apr) Country: Australia
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Posted
On 2/21/2020 at 3:42 AM, Hilde said:

Hello VJ Family!


I am about to file my 2019 taxes and need a little help.

 

I live abroad and have been filing my taxes every year. But my accountant died last year (so sad!). I have been doing some research and see that if I have "foreign financial account, exceeding $10000 account balance (adding up all the account), the Bank Secrecy Act may require you to report the account yearly to the Department of Treasury by electronically filing a Financial Crimes Enforcement Network (FinCEN) 114, Report of Foreign Bank and Financial Accounts (FBAR). https://bsaefiling.fincen.treas.gov/main.html" 

 

I honestly don´t know if he has ever done this and unfortunately I cannot ask him anymore...

 

Anyone know how I can find out if this was filed in the past??

Thank you!!

 

Hopefully you have a copy of the filings already done. There will be a question in that which asks about holding foreign financial

assets such as bank accounts. From memory they then ask if the asset was ever over $10000 during the year .. see if that box is checked. If it is then the FBAR report was required .but ITS dues to receive that , another agency does. Even if it hasn’t been done and it should have .. if you meet that test for last year then you must file the FBAR by April 15.. google will get you to the right website .. then you can take more time to go back and recheck previous years .. and file if needed. 

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