Get the free H O W T O C H E C K Y O U R T A X E S N O W T O A V O I ... - IRS tax forms
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H O U S T O N G A T E W A Y A C A D E M Y, I N C. E V E R G R E E N 3400 Evergreen Dr. Houston, TX 77087 T: 713.644.8292 F: 713.649.8165 www.hgaschools.orgNEW STUDENT ENROLLMENT PreKindergarten ONLY
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What is h o w t?
H O W T stands for Report of Foreign Bank and Financial Accounts (FBAR).
Who is required to file h o w t?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts totaling more than $10,000 at any time during the year is required to file H O W T.
How to fill out h o w t?
H O W T can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of h o w t?
The purpose of H O W T is to report foreign financial accounts to combat tax evasion and money laundering.
What information must be reported on h o w t?
H O W T requires information such as the account holder's name, account number, name and address of the foreign financial institution, and the maximum account value during the year.
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