I decided to try out the new FBAR product offering TurboTax added for Tax Year 2024. It has been a few weeks since I filed my FBAR through TurboTax, however:
1. My FBAR still says "Pending" on the TurboTax portal
2. I never got a follow-up email saying that FinCEN received my FBAR. I only got an email from TurboTax stating that they expect a confirmation in 2 business days.
3. The Submission Status checker lookup by email address on FinCENs website states they have never received an FBAR filing associated with my email address. Is this expected because TurboTax filed it on my behalf and my filing is not associated with my personal email address?
Has anyone been able to successfully file an FBAR through TurboTax? With significant penalties for failure to file this form and TurboTax charging $49, I would expect to feel very confident about this.
