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coolSanjana
Jun 29, 2011, 08:14 AM
I filed an FBAR before June 30, 2011.
Now I need to make a small amendment (add one more account with 1.5K dollars, 10 years old account which I did not know anything about).

Do I need to do that as well before June 30 2011 or can I do it within the next cpl of weeks.

Also - since that account closed in 2009 do I still need to file it (since I was a non resident alien in 2009)

AtlantaTaxExpert
Jun 29, 2011, 08:22 AM
The FBAR that you filed prior to 30 June 2011 was for Calendar Year 2010.

Hence, if the account was closed in 2009, you need NOT report the balance on that account.

FBAR is NOT required for any year when you were a non-resident alien for that year.

coolSanjana
Jun 29, 2011, 08:53 AM
Atlanta Tax Expert

Thanks for the answer.

Sorry - One follow up.

1) I had already filed FBAR for 2009 calendar ( just wanted to be safe). In that case should I go update that FBAR or leave it as it is (since I was not supposed to file)

2) for amending the 2010 return - should I do it before June 30 or can do it later as well.

I am new to this so please pardon my ignorance

Nadel
Jun 29, 2011, 09:40 AM
1) 2009 -- nothing to update, you can't take back a filed FBAR :)

2) 2010 -- Filing before June 30th is better, you should send the update today.

AtlantaTaxExpert
Jun 29, 2011, 09:51 AM
I agree with Nadel's assessment and advice.

coolSanjana
Jun 29, 2011, 09:57 AM
Thanks AtlantaTaxExpert and Nadel

AtlantaTaxExpert
Jul 3, 2011, 09:18 AM
Glad to help!

coolSanjana
Jul 19, 2011, 11:47 AM
AtlantaTaxExpert - what are your contact details so I can discuss with you offline for Professional tax services

AtlantaTaxExpert
Jul 19, 2011, 12:21 PM
My email address are [email protected] or [email protected].

Once we establish email contact. I will send you a phone number so we can discuss your situation.