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DEPARTMENT OF ENTERPRISE SERVICESENTERPRISE TECHNOLOGY SOLUTIONSAgency Financial Reporting SystemDescriptor Telescreen TM.1.1February 2015Table of ContentsIntroduction What is the Descriptor Table?
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The TM11 form is a report required by the Department of Treasury.
All businesses and individuals who have assets located outside the United States are required to file TM11.
TM11 form can be filled out online on the Department of Treasury's official website or can be submitted manually by mail.
The purpose of TM11 is to report foreign assets owned by US residents to prevent tax evasion.
The information that must be reported on TM11 includes details of all foreign financial accounts and assets owned by the filer.
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