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2015 Instructions for Form 8966 Department of the Treasury Internal Revenue Service FATWA Report Section references are to the Internal Revenue Code unless otherwise noted. Future Developments For
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What is instructions for form 8966?
Form 8966 is the FATCA Report, used by foreign financial institutions to report information on financial accounts held by U.S. persons.
Who is required to file instructions for form 8966?
Foreign financial institutions are required to file form 8966.
How to fill out instructions for form 8966?
The form should be completed with detailed information about the financial accounts held by U.S. persons, including names, addresses, and account balances.
What is the purpose of instructions for form 8966?
The purpose of form 8966 is to help the IRS enforce compliance with the Foreign Account Tax Compliance Act (FATCA) and prevent tax evasion by U.S. persons through foreign financial accounts.
What information must be reported on instructions for form 8966?
The form requires information on account holders' names, addresses, account numbers, balances, and income.
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