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Name Date F or O? Fact or Opinion? Facts can be proven to be true with evidence. Opinions cannot be proven and are often based on personal perception. Directions: Read each sentence. Decide whether
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What is f or o fact?
F or O Fact is a form used to report foreign financial accounts to the IRS.
Who is required to file f or o fact?
U.S. persons with financial interest in or signature authority over foreign financial accounts are required to file F or O Fact.
How to fill out f or o fact?
F or O Fact can be filled out electronically using the FinCEN Form 114 online system.
What is the purpose of f or o fact?
The purpose of F or O Fact is to report foreign financial accounts and prevent tax evasion.
What information must be reported on f or o fact?
Information such as the name of the foreign financial institution, account number, and highest balance during the reporting period must be reported on F or O Fact.
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