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Reset Recertification OF FINAL TAXABLE Valerie :Is VAB still in session? County :Principal Authority :Check type :Taxing Authority :Check type :School DistrictPrint Form
DR422
R. 5/13
Rule 12D16.002
Florida
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What is effective 513?
Effective 513 refers to a form used to report information regarding foreign bank accounts.
Who is required to file effective 513?
Any U.S. person who has a financial interest in or signature authority over one or more foreign financial accounts must file effective 513.
How to fill out effective 513?
Effective 513 can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by submitting a paper form to the Internal Revenue Service (IRS).
What is the purpose of effective 513?
The purpose of effective 513 is to help the IRS detect and deter tax evasion by U.S. persons holding foreign financial accounts.
What information must be reported on effective 513?
Effective 513 requires reporting the account holder's personal information, the account number, the name and address of the foreign financial institution, and the maximum account value during the reporting period.
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