Hi ~ Been lurking about this forum collecting info for a while and basically almost ready to play catch-up reporting on my FBARS and 1040s over past years.
Have been in Canada since '04 and meeting all the CDN tax reporting requirements since then.
On the subject of FBAR reporting, I've noted that people include cover letters explaining their reason for filing now, for the first time.
But, I've also read that FBAR reporting can be done online, and my be the preferred way of going about it.
Is there provision with the online interface to include a 'cover letter' so to speak?
If not, does anyone have any experiences/thoughts to share on the wisdom of loading up a number of back-year FBARS through their website without a cover letter?
Thanks in advance for any advice or comments!
cr
Have been in Canada since '04 and meeting all the CDN tax reporting requirements since then.
On the subject of FBAR reporting, I've noted that people include cover letters explaining their reason for filing now, for the first time.
But, I've also read that FBAR reporting can be done online, and my be the preferred way of going about it.
Is there provision with the online interface to include a 'cover letter' so to speak?
If not, does anyone have any experiences/thoughts to share on the wisdom of loading up a number of back-year FBARS through their website without a cover letter?
Thanks in advance for any advice or comments!
cr