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What is gniyortsed morf meht tneverp?

The gniyortsed morf meht tneverp is a form used to report certain foreign financial accounts.

Who is required to file gniyortsed morf meht tneverp?

U.S. persons including individuals, corporations, partnerships, trusts, and estates with financial interest in or signatory authority over foreign financial accounts are required to file gniyortsed morf meht tneverp.

How to fill out gniyortsed morf meht tneverp?

The gniyortsed morf meht tneverp can be filled out electronically or by mail. It requires information about the account(s) held abroad and must be submitted to the Internal Revenue Service (IRS).

What is the purpose of gniyortsed morf meht tneverp?

The purpose of gniyortsed morf meht tneverp is to report foreign financial accounts and help prevent tax evasion.

What information must be reported on gniyortsed morf meht tneverp?

The gniyortsed morf meht tneverp requires reporting of the account number, name and address of the financial institution, and maximum value of the account during the year.