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ST.GREGORY THE GREAT Family Faith Formation Generations of Faith 250 St. Gregory Court Williamsville, NY 14221 (716) 688-5760 fax (716)639-8251 www.stgregs.org/familyfaithformation Full Name Grade
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What is stgregs?
Stgregs is a tax form used to report information related to income from certain financial accounts held abroad.
Who is required to file stgregs?
Any U.S. person who has an interest in, or signature or other authority over, foreign financial accounts whose aggregate value exceeds $10,000 at any time during the calendar year is required to file stgregs.
How to fill out stgregs?
Stgregs can be filled out electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of stgregs?
The purpose of stgregs is to help prevent tax evasion by providing the IRS with information about foreign financial accounts held by U.S. persons.
What information must be reported on stgregs?
Stgregs requires reporting of the account holder's personal information, details of the foreign financial accounts, and information about the financial institution where the account is held.
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