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January 24, 2016, A Christian Community in the Roman Catholic Tradition 1807 Bedford Street Rome, NY 13440 Rectory 315.336.3082 Fax 315.336.3083 email: stpaulsrome studio.org web: www.stpaulsrome.com
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What is fax 315?
Fax 315 is a form used to report information about foreign bank accounts to the IRS.
Who is required to file fax 315?
U.S. persons who have a financial interest in or signature authority over one or more foreign financial accounts totaling more than $10,000 at any time during the calendar year are required to file fax 315.
How to fill out fax 315?
Fax 315 can be filled out online through the IRS website or by mailing a paper form to the IRS.
What is the purpose of fax 315?
The purpose of fax 315 is to report foreign financial accounts to the IRS in order to prevent tax evasion and money laundering.
What information must be reported on fax 315?
Information such as the account number, name of the financial institution, and maximum value of the account during the year must be reported on fax 315.
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