US FBAR query

[Jontta]

Hi All,

I am a UK and US dual citizen, and UK resident. Normally I also file US tax returns, however in the last year (2015) I did not earn over the threshold requiring me to file a return.

I did however have over the amount in my accounts normally required to complete the FBAR.

If I didn't have to file a tax return, do I still have to file an FBAR? Or are these completely separate?

Thanks for your help!

[jpcentral]

You still need to file an FBAR. These are separate with different deadlines.

Are you sure you don't have to file a US tax return? The threshold for a single person is $10,300 (around £6,800) but if you have any self employment income the threshold drops to $400 (around £267).

[DavidTreitel]

An FBAR is not a tax return. If you meet the FBAR filing threshold (unchanged since 1970 at $10,000), you are required to file.