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Focus Area Project Information Form Growing Forward 2 Program Year Three, 20152016 A: Environment and Climate Change Assessment, Planning, Skills Development and Training Name: Farm Name: FERN: Please
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What is fapif a?
Fapif a stands for the Foreign Account Tax Compliance Act.
Who is required to file fapif a?
US persons, including individuals, corporations, and trusts, with foreign financial accounts may be required to file Fapif a.
How to fill out fapif a?
Fapif a can be filled out online through the IRS website or with the help of a tax professional.
What is the purpose of fapif a?
The purpose of fapif a is to prevent tax evasion by US persons using foreign financial accounts.
What information must be reported on fapif a?
Fapif a requires reporting information about foreign financial accounts, including balance, interest, and dividends.
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