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Holy Family A Stewardship Parish December 2013 Horizons Living our Faith at Holy Family Parish since 1949 It s time to nominate the Alumni of the Year! (See next page) Below is an exempt of the nomination

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What is horizons - seek and?

Horizons - Seek and is a form used to report foreign financial accounts to the IRS.

Who is required to file horizons - seek and?

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

How to fill out horizons - seek and?

You can fill out Horizons - Seek and electronically through the FinCEN BSA E-Filing System or by mailing a paper form to the appropriate address provided by the IRS.

What is the purpose of horizons - seek and?

The purpose of Horizons - Seek and is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts to the IRS.

What information must be reported on horizons - seek and?

The form requires information about the account holder, the type of account, the foreign financial institution, and the maximum value of the account during the year.