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March 20, 2021
Question

What does automatic extension of FBAR mean

  • March 20, 2021
  • 1 reply
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Hi,

 

    I have filed federal tax return with an application of ITIN for my wife (W-7). I need to wait for her ITIN to file FBAR and likely need to file extension for FBAR. The gov website says FBAR filers are automatically granted extension. Should I interpret it as I don't need to do anything (like registering an account) at this moment and just wait for the ITIN to come in a few months and then file FBAR?

1 reply

KrisD15
March 21, 2021

Correct. 

You do not need to file for an extension for the FBAR filing. 

It is automatically extended to Oct 15th. 

 

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