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PARENTSTUDENT HANDBOOK
20192020MISSION STATEMENT
Christian Heritage Academy,
an independent, parent governed school, offers an exemplary education
based on biblical values to children of Christian
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What is myfbca?
myfbca stands for My Foreign Bank and Financial Accounts. It is a form required by the US government to report foreign financial accounts.
Who is required to file myfbca?
US persons who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file myfbca.
How to fill out myfbca?
myfbca can be filled out online through the Financial Crimes Enforcement Network (FinCEN) website or by using the paper form provided by the IRS.
What is the purpose of myfbca?
The purpose of myfbca is to combat tax evasion and money laundering by providing the US government with information about foreign financial accounts held by US persons.
What information must be reported on myfbca?
myfbca requires information about the account holder, the account itself, and any foreign financial institutions where the account is held.
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