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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549
OMB
3235Check this box if no
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF
longer subject to
Section 16.
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What is v 106?
v 106 is a form used for reporting foreign accounts to the IRS.
Who is required to file v 106?
US citizens, resident aliens, and certain non-resident aliens are required to file v 106 if they have a foreign financial account.
How to fill out v 106?
You can fill out v 106 electronically using the FinCEN BSA E-Filing System.
What is the purpose of v 106?
The purpose of v 106 is to report foreign financial accounts to the IRS in order to prevent tax evasion.
What information must be reported on v 106?
Information such as the account number, name of the financial institution, and maximum value of the account during the reporting period must be reported on v 106.
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