Delinquent Report of Foreign Bank and Financial Accounts
In more detail
A delinquent FBAR is a FinCEN Form 114 that should have been filed for a past year but was not. Late FBARs are e-filed through the FinCEN BSA E-Filing System with a stated reason for filing late. Until mid-2026 the IRS published Delinquent FBAR Submission Procedures promising no penalty where the related income had been reported and tax paid; that page was withdrawn, and the IRS FBAR page (updated 30 July 2026) now says a late FBAR may attract a penalty depending on the facts and that late reports should be filed as soon as possible. Reasonable-cause relief and the Streamlined procedures remain available.
Does Delinquent FBAR apply to your situation?
Cross-border tax turns on the detail of your circumstances. email us and we'll tell you exactly where you stand.