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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.
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.
William Shackelford can be filled out electronically using the FinCEN Form 114 through the BSA E-Filing System.
The purpose of William Shackelford is to report foreign financial accounts to the US government in order to prevent tax evasion.
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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