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SEC Form 3FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549OMB APPROVAL OMB Number:32350104Estimated average burdenINITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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7 6 1 is the form number for the Report of Foreign Bank and Financial Accounts (FBAR).
Any United States 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 calendar year is required to file 7 6 1.
Form 7 6 1 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website or by mailing a paper form to the address provided on the form.
The purpose of form 7 6 1 is to report foreign financial accounts to the Internal Revenue Service (IRS) in order to combat tax evasion.
On form 7 6 1, individuals must report the maximum value of each foreign account during the reporting period, the country in which each account is located, and various other identifying information.
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