topic Yes in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes/01/429649#M54768 Yes Tue, 04 Jun 2019 21:41:39 GMT CarolynM 2019-06-04T21:41:39Z I did declare a foreign account last year but did not file a fbar even do my account had more than $10000 what happen this year if I do it ? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-did-declare-a-foreign-account-last-year-but-did-not-file-a-fbar-even-do-my-account-had-more-than/01/429622#M54761 Tue, 04 Jun 2019 21:41:33 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-did-declare-a-foreign-account-last-year-but-did-not-file-a-fbar-even-do-my-account-had-more-than/01/429622#M54761 syl4mas 2019-06-04T21:41:33Z Likely nothing. Filing the FBAR this year will not necess... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/likely-nothing-filing-the-fbar-this-year-will-not-necess/01/429630#M54764 <P><B>Likely nothing</B>. Filing the FBAR this year will not necessarily trigger penalties for failing to file last year.&nbsp;</P><P>If you have foreign assets exceeding $10,000 value in USD this year, you must file Form 114.&nbsp;</P><P>For more information about filing, follow this link:&nbsp;<A href="https://www.irs.gov/businesses/comparison-of-form-8938-and-fbar-requirements" rel="nofollow" target="_blank">FBAR requirements</A></P><P> </P>To file, follow this link:&nbsp;<A href="https://bsaefiling.fincen.treas.gov/NoRegFBARFiler.html" rel="nofollow" target="_blank">FBAR Filing</A> Tue, 04 Jun 2019 21:41:35 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/likely-nothing-filing-the-fbar-this-year-will-not-necess/01/429630#M54764 CarolynM 2019-06-04T21:41:35Z shoud i fille a latte FBAR for the year befor? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/shoud-i-fille-a-latte-fbar-for-the-year-befor/01/429644#M54767 shoud i fille a latte FBAR for the year befor? Tue, 04 Jun 2019 21:41:36 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/shoud-i-fille-a-latte-fbar-for-the-year-befor/01/429644#M54767 syl4mas 2019-06-04T21:41:36Z Yes https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes/01/429649#M54768 Yes Tue, 04 Jun 2019 21:41:39 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes/01/429649#M54768 CarolynM 2019-06-04T21:41:39Z how many year can i go back? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-many-year-can-i-go-back/01/429656#M54769 how many year can i go back? Tue, 04 Jun 2019 21:41:40 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-many-year-can-i-go-back/01/429656#M54769 syl4mas 2019-06-04T21:41:40Z As many as you need, the on-line form allows you to enter... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/as-many-as-you-need-the-on-line-form-allows-you-to-enter/01/429663#M54770 As many as you need, the on-line form allows you to enter any year. I also wanted you to know I have confirmed there are no penalties for unwillingly not filing if the income was reported on your tax return. You are good to go. Tue, 04 Jun 2019 21:41:41 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/as-many-as-you-need-the-on-line-form-allows-you-to-enter/01/429663#M54770 CarolynM 2019-06-04T21:41:41Z what income ? this was money that i send from the us to s... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-income-this-was-money-that-i-send-from-the-us-to-s/01/429671#M54771 what income ? this was money that i send from the us to saved Tue, 04 Jun 2019 21:41:43 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/what-income-this-was-money-that-i-send-from-the-us-to-s/01/429671#M54771 syl4mas 2019-06-04T21:41:43Z sorry, income was the wrong word. Just know you are ok https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sorry-income-was-the-wrong-word-just-know-you-are-ok/01/429679#M54772 sorry, income was the wrong word. Just know you are ok Tue, 04 Jun 2019 21:41:44 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sorry-income-was-the-wrong-word-just-know-you-are-ok/01/429679#M54772 CarolynM 2019-06-04T21:41:44Z so it is better if i go back as many yaer as i have to or... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-it-is-better-if-i-go-back-as-many-yaer-as-i-have-to-or/01/429685#M54774 so it is better if i go back as many yaer as i have to or just start for this year? Tue, 04 Jun 2019 21:41:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/so-it-is-better-if-i-go-back-as-many-yaer-as-i-have-to-or/01/429685#M54774 syl4mas 2019-06-04T21:41:46Z Up to you. Since you are aware you should have filed for... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/up-to-you-since-you-are-aware-you-should-have-filed-for/01/429690#M54776 Up to you. Since you are aware you should have filed for last year, I would do 2016 and 2017 Tue, 04 Jun 2019 21:41:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/up-to-you-since-you-are-aware-you-should-have-filed-for/01/429690#M54776 CarolynM 2019-06-04T21:41:47Z it's more than that go back since 2011 https://ttlc.intuit.com/community/tax-credits-deductions/discussion/it-s-more-than-that-go-back-since-2011/01/429696#M54777 it's more than that go back since 2011 Tue, 04 Jun 2019 21:41:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/it-s-more-than-that-go-back-since-2011/01/429696#M54777 syl4mas 2019-06-04T21:41:49Z