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T Y P E T H E C O M P A N Y A D D R E S SpanishAbInitio WritingFormatsSpanishAbInitioWritingFormatsPamoja EducationIndex Pg. Arturo
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What is s t e p?
STEP stands for Statement of Specified Foreign Financial Assets.
Who is required to file s t e p?
US taxpayers who meet the threshold for reporting specified foreign financial assets.
How to fill out s t e p?
STEP can be filled out electronically using Form 8938 on the IRS website.
What is the purpose of s t e p?
The purpose of STEP is to report specified foreign financial assets that exceed certain thresholds.
What information must be reported on s t e p?
Information such as the type and value of specified foreign financial assets need to be reported on STEP.
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