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FR 2886b OMB Number 71000086 Approval expires March 31, 2021-Page 1 of 15SEE GENERAL INSTRUCTIONS FOR FILING FREQUENCY REQUIREMENTS. Board of Governors of the Federal Reserve System Consolidated Respondent

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What is fry-6 omb number 7100-0297?

Fry-6 OMB number 7100-0297 is a form used by financial institutions to report foreign financial accounts to the Internal Revenue Service (IRS).

Who is required to file fry-6 omb number 7100-0297?

U.S. persons who have 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 are required to file Fry-6 OMB number 7100-0297.

How to fill out fry-6 omb number 7100-0297?

Fry-6 OMB number 7100-0297 can be filled out electronically using the Bank Secrecy Act (BSA) E-Filing System provided by the Financial Crimes Enforcement Network (FinCEN).

What is the purpose of fry-6 omb number 7100-0297?

The purpose of Fry-6 OMB number 7100-0297 is to help combat money laundering and other financial crimes by providing the IRS with information about foreign financial accounts held by U.S. persons.

What information must be reported on fry-6 omb number 7100-0297?

Fry-6 OMB number 7100-0297 requires filers to report detailed information about each foreign financial account, including the account number, name and address of the financial institution, and the maximum value of the account during the reporting period.

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