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Home > Money & Services > Taxes   »   Delinquent FBAR on Mutual Fund

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Old Nov 3, 2009, 07:36 PM
twoflower
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Delinquent FBAR on Mutual Fund

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

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Old Nov 4, 2009, 09:04 AM   #2  
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File only the one FBAR for 2008.
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Old Nov 7, 2009, 07:19 AM   #3  
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Wait until the additional guidance comes out and see what it says. Then make the decision.
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