FBAR (Foreign Bank Account Report)
Filling And Preparation
$100
Ensure full compliance with U.S. tax regulations by taking advantage of our comprehensive FBAR Preparation and Filing Service. With our expert team handling your FBAR filings, you can have peace of mind knowing that every detail is taken care of efficiently and accurately.
What is FBAR?
The Foreign Bank Account Report (FBAR) is a critical filing requirement for U.S. citizens and residents with foreign financial accounts. If the total value of your foreign financial accounts exceeds $10,000 at any time during the calendar year, you must file an FBAR.
Why 1040 Abroad?
Trust the experts
Transparent flat rates
You know exactly what you pay for before we get started. There are no hidden fees or any other surprises on the final bill
20+ years of shared experience
Our experience allows us to handle even the most complex tax situations with accurate and reliable solutions
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Privacy is the key for us. We use the highest level of encryption that’s on the level as big financial institutions.
Up to date knowledge
In order to give you the best care we can. Our experts obtain contiguous education every year to stay up to date.
Frequently asked questions
Who needs to file an FBAR?
Any U.S. citizen, green card holder, or resident with foreign financial accounts that collectively exceeded $10,000 at any point during the calendar year must file an FBAR—even if the accounts don’t generate income.
What types of accounts are reported on the FBAR?
You must report bank accounts, brokerage accounts, mutual funds, pensions, and even some foreign life insurance policies if they have a cash value. Both personal and jointly held accounts count, as do accounts where you have signature authority but no ownership.
What do I need to provide for you to prepare my FBAR?
We’ll send you a short questionnaire to gather the required details. You’ll need to provide the name and full address of each financial institution, the type of account, account number, and the highest balance during the year. If you already have this info in a spreadsheet, we can work with that too.
Why use a professional FBAR service instead of filing it myself?
While the FinCEN website allows you to file on your own, many people find the process unclear—especially when it comes to which accounts to include and how to report balances. We make sure everything is accurate, complete, and fully compliant with U.S. reporting rules so you can avoid penalties.
