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STATUTORYINSTRUMENTS1999 No. 1149 (L. 12) MAGISTRATES COURTS The Magistrates Courts (Forms) (Amendment) Rules 1999 Made 10th April 1999Laid before Parliament13th April 1999Coming into force4th May
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1149 l refers to the form used for reporting information related to foreign financial accounts.
Individuals who have foreign financial accounts exceeding certain thresholds are required to file 1149 l with the IRS.
Form 1149 l can be filled out electronically through the IRS website or by mailing a paper copy to the IRS.
The purpose of 1149 l is to report foreign financial accounts to help prevent tax evasion.
Information such as the account holder's name, account number, and maximum account value during the year must be reported on 1149 l.
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