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What is Fuseal II and Fuseal?

Fuseal II and Fuseal are forms used to report foreign assets and financial accounts held by US taxpayers.

Who is required to file Fuseal II and Fuseal?

US taxpayers who meet the filing requirements set by the Internal Revenue Service (IRS) are required to file Fuseal II and Fuseal.

How to fill out Fuseal II and Fuseal?

Fuseal II and Fuseal can be filled out electronically using the FinCEN's BSA E-Filing System.

What is the purpose of Fuseal II and Fuseal?

The purpose of Fuseal II and Fuseal is to combat tax evasion and money laundering by requiring taxpayers to report their foreign assets and financial accounts.

What information must be reported on Fuseal II and Fuseal?

Taxpayers must report information such as the location and value of their foreign assets, as well as details of any financial accounts held outside of the US.