With the IRS announcing the extension for FBAR voluntary disclosure filers, an obvious question is whether the extension also applies to those who are simply late in filing their 2008 Report of Foreign Bank and Financial Accounts (Form TD F 90-22.1, or FBAR). I sent an inquiry to the FBAR group this morning asking that question; their succinct reply was, “Yes.”
So if you haven’t filed your 2008 Form TD F 90-22.1 you have until October 15th. You do need to follow the procedures (detailed here) but you have an extra three weeks to comply with the law.