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What is h f b?

h f b stands for FinCEN Form 114, also known as the Report of Foreign Bank and Financial Accounts (FBAR).

Who is required to file h f b?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value over $10,000 at any time during the calendar year is required to file an FBAR.

How to fill out h f b?

h f b can be filled out electronically on the FinCEN website using the BSA E-Filing System.

What is the purpose of h f b?

The purpose of h f b is to report foreign financial accounts to help combat tax evasion.

What information must be reported on h f b?

h f b requires the reporting of the maximum value of each foreign financial account during the calendar year.