The strengthening of reinforced concrete (RC) members using fiber-reinforced polymers (FRPs) as externally bonded reinforcement has been widely used to enhance the flexural, shear, and axial capacity, or any combination thereof, of structural elements. Although experimental testing has been used predominantly as the sole method of investigation, numerical techniques such as the finite element (FE) method have also been gradually developed to provide predictive models for structural characterization. Well-calibrated FE models have the potential to expand the range of experimental data, provide information on important parameters difficult to measure using experimental instrumentation, and aid in the design of systems requiring complex FRP strengthening where testing may not be possible. This report provides a state-of-the-art review in the area of modeling of FRP-strengthened RC members and provides general guidelines on the best modeling practices that capture the complex phenomenon of concrete cracking and crushing, concrete shear retention, concrete fracture energy, steel-to-concrete bond behavior, FRP-to-concrete interface, FRP debonding failure modes, and FE mesh dependency.