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KENTUCKY REGISTRY OF ELECTION FINANCE140 WALNUT STREET, FRANKFORT, KENTUCKY 406013240 (502) 5732226 / FAX (502) 5735622 www.kref.ky.gov1. Committee Name:This Space for Registry Use Nonpolitical Party
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Fax 502 is a form used to report foreign bank and financial accounts to the IRS.
U.S. persons with a financial interest in or signature authority over foreign financial accounts totaling more than $10,000 at any time during the calendar year.
Fax 502 can be filled out electronically through the FinCEN BSA E-filing system.
The purpose of fax 502 is to report foreign bank and financial accounts to the IRS to help prevent tax evasion.
Information such as account numbers, the name and address of the financial institution, and the maximum value of the account during the reporting period must be reported on fax 502.
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