Last name required FBAR e-file error

Individuals last name is required
Last name is required for Entity Joint Owners
These errors occur due to data entry on the FrgnAcct screen, in the Foreign Bank and Asset folder.

Solution

  • Review the Information reported for financial account:  field on all units of the FrgnAcct screen. If there are any blank units of the FrgnAcct screen, delete the screen data.
  • If
    3=Part III, Owned jointly
    is selected on any unit, either select
    Account jointly owned with spouse
    if the account is owned with the spouse, or complete the fields under Parts III and IV to report the joint owner on Form 114 part III.
  • If
    4=Part IV, Authority but no financial interest
    is selected, complete the fields under Parts III and IV to report the account owner on Form 114, part IV.
note
If there are unnecessary spaces in the
Principle account holder/joint owner
or
First name and middle initial of account holder/joint owner
fields, remove them.

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close