In response to the COVID-19 virus, the IRS has announced today that the deadline for submitting the 8966 report is postponed.
The report, initially due by March 31, 2020, is now due by July 15, 2020.
The extension is automatic, and submission of Form 8809-I is not required.
For more information, see the IRS FATCA FAQ (Section “Reporting” – Q4).
Note: This message only applies to Reporting Model 2 FFIs and PFFIs. Applicable deadlines for Reporting Model 1 FFIs are established by their country of residence.