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    Report of Foreign Bank and Financial Accounts (FBAR), FinCen Form 114 in PCO or BSA?

    skyworks
    Level 7

    Hi,

    I need file FinCen 114 (client has Foreign bank investment). Not sure if I efile through PCO would be all set. 

    Do I need to go to BSA website to register and file through their website?

    From BSA website:

    If you are an attorney, CPA, or an enrolled agent filing the FBAR on behalf of a client, you must register to Become a BSA E-Filer and file as an institution rather than an individual.

     

    Confused, could any one help?

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    1 Best Answer

    Accepted Solutions
    sjrcpa
    Level 15

    If it works like Lacerte, do the 114 first. Then when you get to 8938 you can select Use information from 114.


    The more I know the more I don’t know.

    View solution in original post

    4 Comments 4
    sjrcpa
    Level 15

    If you do it through Pro Connect Online you do not need to do anything at BSA


    The more I know the more I don’t know.
    skyworks
    Level 7

    Ok, thanks.

    For inputing form 114 and 8938, which form do your suggestion input first?

    Do I entered info on form 114, then pulled from 8938 input screen?

     

     

     

    0 Cheers
    sjrcpa
    Level 15

    If it works like Lacerte, do the 114 first. Then when you get to 8938 you can select Use information from 114.


    The more I know the more I don’t know.
    skyworks
    Level 7

    thanks - it does show on form 8938,  I was looking at input sheet before!

    0 Cheers