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*60211691* TM Department of Finance 202 A. UNINCORPORATED BUSINESS TAX RETURN R AF T 6 D .08.201 FOR INDIVIDUALS AND SINGLEMEMBER LCS 09 Name Change Last name In Care Of n TAXPAYERS EMAIL ADDRESS
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What is r af t?
R af t stands for Report of Foreign Bank and Financial Accounts. It is a form required by the IRS to report foreign bank and financial accounts.
Who is required to file r af t?
US persons including individuals, corporations, partnerships, and trusts with foreign bank accounts that meet certain criteria are required to file r af t.
How to fill out r af t?
R af t can be filled out electronically through the FinCEN BSA E-Filing System. Detailed instructions can be found on the IRS website.
What is the purpose of r af t?
The purpose of r af t is to combat money laundering, tax evasion, and other financial crimes by tracking foreign financial accounts held by US persons.
What information must be reported on r af t?
R af t requires the filer to report the maximum value of each foreign financial account during the reporting period and provide identifying information for each account.
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