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United States Department of Labor Employees Compensation Appeals Board ___ T.T., Appellant and U.S. POSTAL SERVICE, PROCESSING & DISTRIBUTION CENTER, Houston, TX, Employer ___))))))))))Appearances:
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20-1257 tt and us refers to a tax form that is used to report foreign financial accounts.
US persons, including individuals, corporations, partnerships, and trusts, who have a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds are required to file 20-1257 tt and us.
Form 20-1257 tt and us can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System or by mailing a paper form to the IRS.
The purpose of 20-1257 tt and us is to combat tax evasion and money laundering by providing the government with information about foreign financial accounts held by US persons.
Information that must be reported on 20-1257 tt and us includes the name of the financial institution where the account is held, the account number, the maximum value of the account during the reporting period, and the type of account.
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