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THE NO SCHOOL F R I DA Y, J A N U A R Y T U E S D A 18TH (LEE TIMES J A C K S O N DA Y × O R M O N DA Y, J A N U A R Y J A N U A RY 2 0 T H × M L K DA Y) SPECIAL POINTS OF INTEREST: PTF×Enrollment
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What is f r i da?
F R I D A stands for Foreign Account Tax Compliance Act.
Who is required to file f r i da?
U.S. taxpayers with foreign financial accounts over certain thresholds are required to file F R I D A.
How to fill out f r i da?
F R I D A can be filled out electronically through the FinCEN website.
What is the purpose of f r i da?
The purpose of F R I D A is to combat tax evasion by U.S. taxpayers using foreign accounts.
What information must be reported on f r i da?
Information such as account balances, types of accounts, and account numbers must be reported on F R I D A.
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