Due to the lapse in appropriations, Department of Justice websites will not be regularly updated. The Department’s essential law enforcement and national security functions will continue. Please refer to the Department of Justice’s contingency plan for more information.

2032. Reporting On Foreign Financial Agency Transactions

Under 31 U.S.C. § 5314 (31 C.F.R. § 1010.350), a United States resident or citizen who engages in a transaction with a foreign financial agency, or who has a financial interest in, or signature or other authority over, bank securities or other financial accounts in a foreign country must report certain information about the transaction or the financial interest in the account. This information is reported on Treasury Form TDF 90-22.1, called a "Report on Foreign Bank and Financial Accounts" or FBAR. In addition, a person who is required to file an FBAR must also check the appropriate box on his or her tax return and file IRS Form 4683 with the return.

[updated February 2014] [cited in JM 9-79.200]

Updated September 19, 2018