Does any body know if this is applicable to people working on H1B visas also ? and if yes( what is the exact procedure)
(I think the last date is moved from Aug 31st 2011 to Sep 9th 2011 now.)
yes, it applies to everyone including H1B ... if you have income from foreign assets, it should be on your 1040 ... the assets itself don't have much problem but not reporting income comes with consequences of fine and jail term
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Re: IRS Voluntary Disclosure
2 years 6 months ago #13915
thanks for the quick response, do you know what is the procedure to file an amendment / disclosure ?