File your FBAR with Inkle
FBAR (Foreign Bank Account Report) is a mandatory filing for U.S. individuals and entities with foreign financial accounts exceeding $10,000 in total value at any point in the calendar year.It’s submitted to FinCEN, not the IRS, and is separate from your tax return.
Who has to file FBAR?
Any U.S. person (citizen, resident, entity, or green card holder) must file FBAR (FinCEN Form 114) if the aggregate value of all foreign financial accounts exceeds $10,000 at any time during the calendar year. This includes bank accounts, mutual funds, trusts, or brokerage accounts held outside the U.S.
Nothing comes close to what Inkle offers for US Taxes and Compliance. Their product has a simple and easy-to-use UI with streamlined processes.
Nikolay Bonev
Co-Founder & CTO at Shelf
Inkle makes filing FBAR simple
Skip the hassle of trying to figure it out alone. Just share your documents with our filing team, and we’ll handle the complete process from validation to submission.
You’ll work directly with experienced compliance professionals who specialize in U.S. cross-border reporting.
We ensure full compliance with BEA requirements, so you avoid errors, delays, or penalties. Rest easy knowing your submission is accurate and timely.
Our intelligent alert system tracks your specific filing deadlines based on your entity type and formation date. Receive timely reminders and updates to stay compliant without the stress of calendar management.
Create Your Account
- Quick setup with your business information.
- Clear checklist of needed documents.
- Secure authentication process.
Complete Your Report
- User-friendly form interface
- Smart validation to prevent common errors
- Progress saving at every step
Review and Submit
- Comprehensive accuracy check
- Dual-review system for error prevention
- Instant submission confirmation
Deadline
FBAR is due annually by April 15, with an automatic extension available until October 15, no separate form needed to claim it.
Penalty
Non-filing can result in penalties up to $10,000 per violation for non-willful errors, and up to $100,000 or 50% of the account balance for willful violations.
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Inkle's error-reduction features and compliance checks ensure your submission is accurate and complete.
