FBAR Delay by 1 Day

Raj1 — Tue, 10 Mar 2026 06:23:16 GMT

I am delayed in filing my FBAR by one day.

Do I need to give a reason for the delay or not required?

Thanks

Raj

Re: FBAR Delay by 1 Day

Anonymous_ — Tue, 18 Oct 2022 13:36:03 GMT

@pk

Re: FBAR Delay by 1 Day

pk — Tue, 18 Oct 2022 18:34:04 GMT

@Raj1 , while you are supposed to file the FBAR form in time and willful disregard of the requirement is punished by excessive fines , it is rarely used. The idea is to get compliance from taxpayers. If you missed only once , there is no consequence but habitual dis-regard is invitation to shock the taxpayer into compliance. I do not believe you need an explanatory note if this is first time but ....

Does that answer the question ?

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FBAR Delay by 1 Day

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