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CourseOutline(W2017) ELE709:RealTimeComputerControlSystems InstructorCalendar DescriptionPrerequisites Compulsory Text(s): Reference Text(s)Learning Objectives (Indicators)Dr. John Y.C. Chen Office:
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Ele709 is a form used by certain individuals to report their foreign assets and financial accounts to the IRS.
US citizens, residents, and certain non-residents who have foreign financial accounts or assets exceeding certain thresholds are required to file ele709.
Ele709 can be filled out electronically through the IRS website or by mailing a paper form to the IRS. The form requires detailed information about foreign financial accounts and assets.
The purpose of ele709 is to report foreign financial accounts and assets to the IRS in order to comply with US tax laws and prevent tax evasion.
Information such as the name of the financial institution, account numbers, account balances, and the maximum value of the account during the year must be reported on ele709.
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