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Get the free Form 988ASF: Addendum to Certificate of Incumbency - Freddie Mac

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Form 988ASF Addendum to Certificate of Incumbency (Attach to Form 988SF-1 or Form 988SF-2 Only) I, do hereby certify to the Federal Home Loan Mortgage Corporation (Freddie Mac) that I am the duly
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Form 988asf addendum is an addition to Form 988, which is used to report information about foreign trusts.
Taxpayers who have a foreign trust are required to file form 988asf addendum.
Form 988asf addendum should be filled out by providing the necessary information about the foreign trust, including its income, assets, beneficiaries, and trustees.
The purpose of form 988asf addendum is to provide the IRS with information about foreign trusts owned by U.S. taxpayers, to ensure compliance with tax laws.
Information such as the name of the foreign trust, its country of origin, income received from the trust, and details about beneficiaries and trustees must be reported on form 988asf addendum.
The deadline to file form 988asf addendum in 2023 is April 15th.
The penalty for late filing of form 988asf addendum is $10,000, with additional penalties for continued failure to file.
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