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Any individual or business entity who is required to report their income and deductions for tax purposes needs to fill out 3-b c.

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What is 3- b c?

3- b c is a financial disclosure form required by the Internal Revenue Service (IRS) for reporting certain foreign financial assets.

Who is required to file 3- b c?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts is required to file 3- b c.

How to fill out 3- b c?

3- b c can be filled out online through the IRS's website or by using the paper form provided by the IRS.

What is the purpose of 3- b c?

The purpose of 3- b c is to prevent tax evasion by individuals who have foreign financial assets.

What information must be reported on 3- b c?

Information such as the name and address of the foreign financial institution, the number of the foreign account, and the maximum value of the account during the reporting period must be reported on 3- b c.

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