In addition to filing an initial BOI report, reporting companies must also update and correct information in their previously filed BOI reports. Individuals who obtain FinCEN identifiers must also update and correct information previously reported to FinCEN. This chapter discusses what to do when there are changes to or inaccuracies in reported information in the following sections:

  • 6.1 What should I do if previously reported information changes?
  • 6.2 What should I do if I learn of an inaccuracy in a report?
  • 6.3 What should my company do if it becomes exempt after already filing a report?

This chapter generally covers 1010.380(b)(3), "Contents of updated or corrected reports".