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SS U SSI Ann c W UA l Golf C la 1892 1892 125 TH ANNIVERSARY 125 TH ANNIVERSARY 2017 www.wssu.edu/golfclassic WINSTONSALEM STATE UNIVERSITY FOUNDATION, INC. LETTER OF SPONSORSHIP This agreement is

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What is s s u?

SSU stands for Statement of Specified Foreign Financial Assets, it is a form required to be filed by U.S. taxpayers who have foreign financial assets that exceed certain thresholds.

Who is required to file s s u?

U.S. taxpayers who meet the threshold for foreign financial assets must file SSU.

How to fill out s s u?

SSU can be filled out electronically through the IRS website or by paper form.

What is the purpose of s s u?

The purpose of SSU is to report foreign financial assets held by U.S. taxpayers to prevent tax evasion.

What information must be reported on s s u?

Information such as the value of foreign financial assets, their location, and any income generated from them must be reported on SSU.

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