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\” Hesitate of CaliforniaHealth and Human Services AgencyDepartment of Health Care ServicesTOBY DOUGLAS DIRECTOREDMUND G. BROWN JR. GOVERNOR Gloria Eagle, PhD, MPA Associate Regional Administrator
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What is s p a 14?
S P A 14 is a form used for reporting foreign bank accounts held by US taxpayers.
Who is required to file s p a 14?
Any US taxpayer who has a financial interest in or signature authority over foreign bank accounts totaling more than $10,000 at any time during the year.
How to fill out s p a 14?
SP A 14 can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.
What is the purpose of s p a 14?
The purpose of SP A 14 is to prevent tax evasion by ensuring that foreign accounts are properly reported to the IRS.
What information must be reported on s p a 14?
Information such as the account number, the name of the financial institution, the maximum account value, and the account holder's identifying information.
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