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General Fee Schedule Effective Date: January 1, 2015Fee Description Savings Account FeesAmountAccount Closure Accounts with no activity for twelve (12) months or longer and with a ZERO balance will
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Account closure accounts are typically filed with the financial institution where the account is held.
Any individual or entity who has closed a financial account during the tax year is required to file account closure accounts.
To fill out account closure accounts, you will need to provide details about the closed account such as the account number, date of closure, and final balance.
The purpose of account closure accounts is to report the closing of financial accounts to the relevant tax authorities.
The information that must be reported on account closure accounts includes the account number, date of closure, and final balance.
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