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07/28/2022PRINTED:
DEPARTMENT OF HEALTH AND HUMAN SERVICESFORM APPROVEDCENTERS FOR MEDICARE & MEDICAID SERVICES
STATEMENT OF DEFICIENCIES(X1) PROVIDER/SUPPLIER/LIGAND PLAN OF CORRECTIONIDENTIFICATION
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What is f 0677?
f 0677 is a form used for reporting foreign bank and financial accounts.
Who is required to file f 0677?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out f 0677?
The form requires information about the account holder, the account itself, and details about the financial institution where the account is held.
What is the purpose of f 0677?
The purpose of f 0677 is to combat tax evasion by ensuring that U.S. persons report their foreign financial accounts.
What information must be reported on f 0677?
The form requires information such as the account holder's name and address, the account number, the name of the foreign financial institution, and the maximum value of the account during the year.
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