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THE ICS FILES The Official Newsletter of The Imaginative Cinema SocietyImaginative clever, creative, innovative, ingenious, visionary. Yup. That's us! December '04************************************************************************************#71
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Thats Us is a financial reporting form used to report certain foreign assets.
U.S. persons, including individuals, corporations, partnerships, estates, and trusts, are required to file Thats Us if they meet the reporting threshold.
Thats Us can be filled out online through the IRS website or by submitting a paper form.
The purpose of Thats Us is to report foreign financial assets that could be used to evade U.S. taxes.
Information such as the type of asset, its maximum value during the year, and its location must be reported on Thats Us.
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