IRS Grants Extension of Time to File FATCA Information Returns

 

NEW April 16, 2020

In response to the COVID-19 virus, the Internal Revenue Service will provide an extension of time for Model 1 IGA jurisdictions to provide their FATCA data for tax year 2019 to the U.S. Competent Authority. Model 1 IGA jurisdictions will have until December 31, 2020 to provide their data, although a jurisdiction may send tax year 2019 data prior to that date.

For more information, see FAQ Q5 in the "Reporting" category on the FATCA – FAQs General page.

March 30, 2020

In response to the COVID-19 virus, the Internal Revenue Service will provide an extension of time for a Reporting Model 2 FFI or a Participating FFI to file the FATCA Report (Form 8966) to the IRS. The filing deadline for the FATCA Report (Form 8966) will be extended from March 31, 2020 to July 15, 2020. Form 8809-I, Application for Extension of Time to File FATCA Form 8966, will not be required for this extension.

For more information, see FAQ Q4 in the "Reporting" category on the FATCA – FAQs General page.