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What is the FBAR due date for reporting cryptocurrency holdings in 2023?

J. HunterFeb 01, 2022 · 3 years ago3 answers

Can you please provide me with the FBAR due date for reporting cryptocurrency holdings in 2023? I want to make sure I comply with the regulations and avoid any penalties.

FBAR
Due Date
Reporting

3 answers

  • Ulises HerediaFeb 03, 2023 · 2 years ago
    The FBAR due date for reporting cryptocurrency holdings in 2023 is April 15th. It's important to note that this deadline applies to U.S. taxpayers who have a financial interest in or signature authority over foreign financial accounts, including cryptocurrency holdings. Make sure to file your FBAR report on time to avoid any potential penalties or legal issues.
  • DriplesOct 25, 2023 · 2 years ago
    Hey there! If you're wondering about the FBAR due date for reporting cryptocurrency holdings in 2023, it's April 15th. Just like with any other financial accounts, the IRS requires U.S. taxpayers to report their cryptocurrency holdings if they meet the specified criteria. So mark your calendars and make sure to file your FBAR report by the deadline to stay in compliance with the regulations.
  • Gross BurtonOct 14, 2024 · 8 months ago
    According to the latest information, the FBAR due date for reporting cryptocurrency holdings in 2023 is April 15th. It's crucial for U.S. taxpayers to be aware of this deadline and ensure that they report their cryptocurrency holdings if they meet the reporting requirements. Remember, failing to file the FBAR report on time can lead to penalties, so make sure to stay on top of it.

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