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TAXPAYER INFORMATION Tax Organizer 2016 First Name Initial Last Name SSN Occupation Date of Birth Telephone: Home SPOUSE INFORMATION First Name Initial Last Name SSN Occupation Date of Birth Telephone:
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What is telephone home?
Telephone home is a form used to report foreign bank accounts.
Who is required to file telephone home?
Any U.S. person who has a financial interest in or signature authority over foreign bank accounts with an aggregate value over $10,000 at any time during the year.
How to fill out telephone home?
Telephone home can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of telephone home?
The purpose of telephone home is to prevent tax evasion and money laundering by ensuring that foreign bank accounts are properly reported to the IRS.
What information must be reported on telephone home?
Information such as the account number, name of the foreign financial institution, the maximum value of the account during the year, and the account holder's personal information.
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