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SIS1 Revised 06/2017 FORM #113For School Use:RESCUES DEL CONRAD DE FULTONEntry Date: / / Grade Assigned: Homeroom/Advisement: INSCRIPTION(Los alumnus Que no Tongan Hagar Eben communicate con el trabajador
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What is form 113?
Form 113 is the Report of Foreign Bank and Financial Accounts (FBAR), which is used to report financial interests in or signatures over foreign bank accounts.
Who is required to file form 113?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts totaling $10,000 or more at any time during the calendar year is required to file Form 113.
How to fill out form 113?
Form 113 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website. Detailed instructions on reporting the necessary information are provided on the site.
What is the purpose of form 113?
The purpose of Form 113 is to help the U.S. government identify and prevent money laundering and tax evasion by requiring U.S. citizens to report their foreign accounts.
What information must be reported on form 113?
Form 113 requires reporting information such as the maximum value of the accounts, account numbers, names of financial institutions, and the account holder's personal information.
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