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Good Spirit School Division Facilities Form 547 1 63 King Box StreeYorktownon, SK0L0 S3N 0T7 869East Canola, SK S0A Phone 306.786.5505 Fax 306.786.4791 SCHOOL FACILITY USE APPLICATION SCHOOL REQUESTED:
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Form 547-1 is a form used to report information related to foreign bank accounts.
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts totaling more than $10,000 at any time during the calendar year.
Form 547-1 can be filled out online or by mail. The form requires information about the account holder, the financial institution, and the account balance.
The purpose of form 547-1 is to report foreign financial accounts to the IRS to help prevent tax evasion.
Information such as the account holder's name, account number, account balance, and the name of the financial institution must be reported on form 547-1.
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