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Form 1297 is a form used for reporting information about foreign bank and financial accounts.
Any individual or entity that has a financial interest in or signature authority over foreign bank or financial accounts is required to file form 1297.
Form 1297 can be filled out online or by mail, and requires information such as account numbers, account balances, and the name and address of the foreign financial institution.
The purpose of form 1297 is to gather information about foreign bank and financial accounts in order to prevent tax evasion and money laundering.
Information such as account numbers, account balances, and the name and address of the foreign financial institution must be reported on form 1297.
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