Topic: MtGox FBAR Kraken (Read 112 times)
I filed a FBAR for MtGox in 2013. I have not renewed the FBAR for MtGox since, given the bankruptcy.
I have opted to have my claim paid out to Kraken in the form of btc. My claim has been approved years ago.
Should I re-register my MtGox account with FBAR every year?
I'll register my Kraken account with FBAR hoping to nail down loose ends. Should this be done annually regardless if the claim has not been paid and the account value is $0.00?
I found the IRS basis accountability difficult. I note they may assess a fine for documents that can't be scanned. Instead of using the IRS form for basis accountability, I put it all down on paper, my yearly 12/31 basis recalculation, and sent it all in. They approved and figured my tax refund a few bucks higher than I had submitted!
soy39
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