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2018 Credit for Increased Research Activities Individuals CONTACTS FOR REFUND OF CREDIT INCREASED RESEARCH ACTIVITIES Arizona Commerce Authority Application forms Program guidelines Website: www.azcommerce.com
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What is form 308?
Form 308 is a tax form used for reporting specified foreign financial assets.
Who is required to file form 308?
US taxpayers who have specified foreign financial assets that exceed certain thresholds are required to file form 308.
How to fill out form 308?
Form 308 must be filled out with accurate information regarding the taxpayer's specified foreign financial assets.
What is the purpose of form 308?
The purpose of form 308 is to report specified foreign financial assets to the IRS and to help prevent tax evasion.
What information must be reported on form 308?
Taxpayers must report information such as the type of asset, its value, and any income generated from the asset.
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