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What is the due date for filing FinCEN 114 for cryptocurrency transactions in 2022?

avatarTilak PolypackDec 25, 2021 · 3 years ago3 answers

Can you please provide information on the deadline for submitting FinCEN 114 for cryptocurrency transactions in 2022? I am interested in knowing the specific date by which this filing needs to be completed.

What is the due date for filing FinCEN 114 for cryptocurrency transactions in 2022?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The due date for filing FinCEN 114 for cryptocurrency transactions in 2022 is April 15th. This is the same deadline as the individual income tax return filing deadline. It is important to note that the FinCEN 114 form, also known as the Report of Foreign Bank and Financial Accounts (FBAR), must be filed electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
  • avatarDec 25, 2021 · 3 years ago
    You better mark your calendar because the due date for filing FinCEN 114 for cryptocurrency transactions in 2022 is April 15th. Don't forget to report your cryptocurrency holdings and transactions if they meet the reporting threshold. Remember, it's better to be safe than sorry when it comes to complying with financial regulations.
  • avatarDec 25, 2021 · 3 years ago
    According to the latest information, the deadline for filing FinCEN 114 for cryptocurrency transactions in 2022 is April 15th. It's essential to ensure that you submit the required information accurately and on time to avoid any penalties or legal issues. If you have any doubts or questions, it's always a good idea to consult with a tax professional or seek guidance from the relevant authorities.