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BERLIN PUBLIC SCHOOLSJFABDRADMISSION OF HOMELESS STUDENTS Level 1 A complaint regarding the placement or education of a homeless student shall first be presented orally and informally to the Berlin

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What is jfabd-r?

JFABD-R stands for Joint Foreign Bank Account Report.

Who is required to file jfabd-r?

Any US person who has a financial interest in, or signature authority over, foreign financial accounts totaling more than $10,000 at any time during the calendar year.

How to fill out jfabd-r?

JFABD-R can be filled out electronically through the BSA E-Filing system provided by FinCEN.

What is the purpose of jfabd-r?

The purpose of jfabd-r is to help detect and deter tax evasion by US persons holding foreign financial accounts.

What information must be reported on jfabd-r?

Information such as the account number, name of financial institution, account balance, foreign address, and maximum value of account during the reporting period must be reported on JFABD-R.

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