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Quality Data Model (DM) User Group Meeting Minutes Meeting date 03/15/2017 2:30 PM ET Meeting location Webinar link: https://esacinc2.webex.com/esacinc2/j .php?MTIDm44a035b19cbc63ce3310c583e0354de8TimeItemPresenter5
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What is comesacinc2j?
comesacinc2j is a form used for reporting information about certain financial accounts held by US taxpayers in foreign countries.
Who is required to file comesacinc2j?
US taxpayers who have financial accounts in foreign countries and meet the reporting requirements set by the IRS are required to file comesacinc2j.
How to fill out comesacinc2j?
comesacinc2j can be filled out electronically through the BSA E-Filing System on the FinCEN website.
What is the purpose of comesacinc2j?
The purpose of comesacinc2j is to help the IRS identify taxpayers who may be engaged in tax evasion or other financial crimes through the use of foreign accounts.
What information must be reported on comesacinc2j?
Information such as the account holder's name, address, account number, and the maximum value of the account during the reporting period must be reported on comesacinc2j.
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