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201724 ... 29 3 ... 6 ... FFHB .... 9. . . .

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What is 18 web?

18 web is a form used by individuals to report any foreign financial accounts to the IRS.

Who is required to file 18 web?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file 18 web.

How to fill out 18 web?

You can fill out 18 web electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing system.

What is the purpose of 18 web?

The purpose of 18 web is to prevent tax evasion by ensuring that individuals report their foreign financial accounts.

What information must be reported on 18 web?

The form requires information about the account owner, the financial institution where the account is held, and the highest value of the account during the year.

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