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An l i s on stand when I see Devin Lineally walking toward me, dressed as usual in her lawyer gray suit, her high heels
clicking against the tiled floor. I take a big breath and
pick up my small bag
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What is a l l i?
A l l i is a form used to report foreign financial accounts.
Who is required to file a l l i?
US taxpayers with foreign financial accounts exceeding certain thresholds are required to file a l l i.
How to fill out a l l i?
A l l i can be filled out electronically on the FinCEN website.
What is the purpose of a l l i?
The purpose of a l l i is to combat tax evasion by ensuring that taxpayers report their foreign financial accounts.
What information must be reported on a l l i?
Information such as the account holder's information, account number, and maximum value of the account must be reported on a l l i.
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