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L t '545 f p Form A For the 2002 calendar Name change Initial return Final retained return Application pending please use IRS label or print or type see Speckle Instructions C ear, or tax ear be ginning
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What is l t f t?
The l t f t stands for Report of Foreign Bank and Financial Accounts.
Who is required to file l t f t?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds is required to file l t f t.
How to fill out l t f t?
One can fill out l t f t electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
What is the purpose of l t f t?
The purpose of l t f t is to report foreign financial accounts to the U.S. government in order to prevent tax evasion and money laundering.
What information must be reported on l t f t?
On l t f t, one must report the maximum value of each foreign account during the calendar year and the account number and name.
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