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For Department of State Use OnlyDepartment of State Division of Publications0010. . 'I, Sequence Number:312 Rosa L. Parks Ave., 8th Floor, Snodgrass/TN Tower Nashville, TN 37243 Phone: 6157412650
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What is ll1?
ll1 is a form used for reporting information related to certain foreign assets.
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U.S. taxpayers who have specified foreign financial assets that exceed certain thresholds are required to file ll1.
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ll1 can be filled out electronically using the e-file system provided by the IRS.
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The purpose of ll1 is to report information about foreign financial assets for tax compliance purposes.
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ll1 requires reporting information about specified foreign financial assets, including type of asset, maximum value during the year, and more.
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