Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

twoflower
Nov 3, 2009, 07:36 PM
I have a mutual fund in Australia since 1999

I plan to file a delinquent FBAR before June 30, 2010 (per IRS instructions for the "commingled" funds)

I wonder whether I should file a separate form for all the years since 1999 or the single 2008 form will be sufficient. The "mutual fund" term was only added since 2008

I also know that many Americans with the foreign mutual fund investments were not rutinely filing the FBAR prior to 2008

AtlantaTaxExpert
Nov 4, 2009, 09:04 AM
File only the one FBAR for 2008.

IntlTax
Nov 7, 2009, 04:19 AM
Wait until the additional guidance comes out and see what it says. Then make the decision.