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National Active and Retired Federal Employees Association AFC Notes Winter 2011 Serving Current, Former and Retired Federal Civilian Employees Spouses and Survivor Annuities President William Shackelford
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William Shackelford is a tax form used to report investments and income from foreign financial accounts.
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Any US person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year is required to file William Shackelford.
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William Shackelford can be filled out electronically using the FinCEN Form 114 through the BSA E-Filing System.
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The purpose of William Shackelford is to report foreign financial accounts to the US government in order to prevent tax evasion.
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Information such as the account holder's name, address, account number, type of account, and maximum value of the account during the reporting period must be reported on William Shackelford.
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