IRS has set deadlines and offered taxpayers instructions on how to get extensions
and waivers for filing Form 8966, FATCA Report
Internal Revenue Service said that it is giving taxpayers until June 29, 2015 to request an additional extension of time to file the Form 8966 for tax year 2014.
They will have until August 13 , 2015 to request a waiver from filing the form
electronically for tax year 2014.
The Form 8966 is used by foreign financial institutions to report their
U.S. account holders under the law, which requires banks to provide the IRS
with the information or face, in some cases, a 30 percent withholding tax on
their U.S. source income.