E-filing Form 114 (FBAR) in ProConnect Tax

1. Go to the Profile tab.
2. Check the Select for E-file box for Federal.
3. Check the Select for E-file box for Federal Form 114 (Taxpayer).
4. Go to the Input Return tab.
5. On the left-side menu, select Miscellaneous Forms.
6. Select Foreign Reporting (114, 8938) and choose Foreign Bank Account (114).
7. Complete all of the applicable fields.
8. Go to the File Return tab.
9. Check the box for Federal Form 114 (Taxpayer).
10. Clear any critical diagnostics.
11. Click E-file.
    • If you need to file for the spouse, too, select Federal Form 114 (Spouse) for step 2 and complete the rest of the steps.

1. Go to the Profile tab.
2. Check the Select for E-file box for Federal.
3. Check the Select for E-file box for Federal Form 114.
4. Go to the Input Return tab.
5. On the left-side menu, select Miscellaneous Forms.
6. Select Foreign Reporting (114, 8938) and choose Foreign Bank Account (114).
7. Complete all of the applicable fields.
8. Go to the File Return tab.
9. Check the box for Federal Form 114 only.
10. Clear any critical diagnostics.
11. Click the E-file button.

The new annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts is April 15. This date change was mandated by the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.

The Act also mandates a maximum six-month extension of the filing deadline. To implement the statute with minimal burden to the public and FinCEN, FinCEN will grant filers failing to meet the FBAR annual due date of April 15 an automatic extension to October 15 each year. Accordingly, specific requests for this extension are not required.

You can e-file Form 114 for 2024, 2023 and 2022. You may also submit Form 114 electronically online for all tax years via the BSA E-Filing System website. This website provides filers with the ability to enter the calendar year reported, including past years, when completing Form 114 online. It also offers the option to explain a late filing, or to select "Other" to enter a further explanation of the late filing or indicate whether the filing was made in conjunction with an IRS compliance program.

Form 114 is a separate e-filing type from the federal return, so it will be considered as a separate e-file and will not be e-filed with the Federal return.

Yes. The program supports e-filing of Form 114 Amended return in the Individual module.

There is no additional charge for e-filing Form 114. 

No. At this time, FinCEN doesn't allow PDF attachments.

Yes. An EFIN is required when filing Form 114. For additional information visit the FinCEN website. For further assistance when using the BSA E-filing website, you can contact the BSA E-Filing Help Desk at 1-866-346-9478.