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When is FBAR reporting due in case of signatory authority upon death?

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Level 1

Hi, my bank in Germany allows me to give someone signature authority over my account in the event of my death. The bank will only allow the person to access my account upon presentation of my official death certificate. Does this person have an FBAR reporting requirement while I am still alive?

Thanks in advance.

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0 Cheers
3 Replies 3
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Level 15

Hi there,

You’ve come to this forum that is open only to tax professionals and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Cheers!

 

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A fine is a tax for doing wrong. A tax is a fine for doing well.
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Level 15

 that is open only to tax professionals

Ding, ding, ding  - W R O N G !!   

*should* be open only to tax professionals.  

As we know, Intuit REFUSES to restrict access because then they wouldn't get all those social media "strokes".

Remind you of anyone ?????  

Former Chump errr AllStar.
If a post answers your question, click on *Accept as solution* for future searches
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Level 15

"Remind you of anyone ????? "

Could you give me a hint?  My brain has been a little foggy lately.  It seems to have started when I started drinking my cup of Clorox with breakfast.

Wear a mask - the grandma you save could be your own.