I have a fiscal year 9/30/19 C corp with its 2018 tax return due 7/15/20, with extension.
The corp has FBAR filing requirements. The FBAR of course is based on a calendar year.
So technically I'm required to do a calendar year 2019 Form 114. If I processed Form 114 with the fye 9/30/19 tax return, it would generate a 2018 Form 114 that would be due 10/15/19, with extension.
I guess my only option is to process the 2019 Form 114 in 2019 Lacerte and do this every year (i.e. tax return in prior year Lacerte; 114 in current year Lacerte).
Looking for the most practical solution if anyone has advice. Thanks!
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