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Topic: Question about streamlined filing  (Read 359 times)

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Question about streamlined filing
« on: October 30, 2024, 10:50:25 AM »
I have received conflicting advice from two CPAs about the foreign streamlined filing program and wondered if anyone here could help...

One CPA said that to use the streamlined filing service, you always have to file 3 years of returns and 6 years of FBARs, regardless of whether (for example) you're only late with 2 years of FBARs or two years of tax returns.
Second CPA said (based on my specific circumstances) I'm only eligible to file late tax returns through the streamlined program, and the late FBARs should just be filed separately with FinCen.

I guess my question is - has anyone used the streamlined service to file only returns and not FBARs?  Or to (e.g.) only file two years' worth of returns or FBARs, rather than the usual 3/6?
« Last Edit: October 30, 2024, 02:52:29 PM by riversilver »


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