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State of Nebraska INVITATION TO Return to: State Purchasing Bureau 1526 K Street, Suite 130 Lincoln, Nebraska 68508CONTRACT DatePage5/8/17Solicitation Number Opening Date and Time BuyerTelephone:
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What is 5588 of?
5588 is the form for reporting foreign bank account information to the IRS.
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US persons with financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file 5588.
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Form 5588 can be filled out electronically through the BSA E-Filing System.
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The purpose of 5588 is to report foreign financial accounts to the IRS to combat tax evasion.
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Information such as the name of the foreign financial institution, account number, maximum value during the year, and more must be reported on Form 5588.
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