You get a FBAR. And you get a FBAR. Everyone gets a FBAR!
Do you need to file a FBAR?
TokenTax will take care of it. With our full filing plans, we create and file your FBAR.
The Report of Foreign Bank and Financial Accounts (FBAR) is a form that crypto traders will need to file with the U.S. Department of Treasury if the total of their assets on all foreign exchanges is ever greater than $10,000 during the tax year. It’s important to file the FBAR, which is due April 15 every year, if needed so as to avoid any penalties.
FBAR comes included with TokenTax full filing
For our full filing clients, we’re happy to offer unlimited FBARs. TokenTax makes the FBAR easy. We use your crypto data to calculate whether you need an FBAR, and if you do, we generate the report for you. Crypto-only clients can generate the report as well to file it themselves.
We take care of the entire FBAR process for all full filing clients. Simply upload your crypto tax transactions and our CPA will take care of the filing process, including FBAR filing.
Sign up for crypto full filing now! We’ll make your life much easier.
TokenTax does the work so you don’t have to.
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