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CA R O L LIST D E P E N D E N TDC H O LI S T R I CT AFFIDAVIT OF NO INCOME INSTRUCTIONS: Complete the information below if you indicate eligibility based on NO INCOME on the Multiplied Free and Reduced

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What is a r r o?

A r r o stands for Annual Report of Foreign Bank and Financial Accounts, which is a form used to report foreign financial accounts.

Who is required to file a r r o?

U.S. persons who have a financial interest or signature authority over foreign financial accounts exceeding certain thresholds are required to file a r r o.

How to fill out a r r o?

A r r o can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of a r r o?

The purpose of a r r o is to report foreign financial accounts to help prevent tax evasion and money laundering.

What information must be reported on a r r o?

Information such as the account holder's name, account number, name and address of the foreign financial institution, and maximum value of the account must be reported on a r r o.

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