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Unofficial Draft Copy 67th Legislature LC 09201___ BILL NO. ___2INTRODUCED BY ___ (Primary Sponsor)3 4A BILL FOR AN ACT ENTITLED: AN ACT GENERALLY REVISING LAWS RELATED TO PROVIDING FOR A5STRATEGIC
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lc 0920 is a form used to report foreign bank and financial accounts.
Any U.S. person with financial interest in or signature authority over foreign financial accounts totaling $10,000 or more at any time during the calendar year.
You can fill out lc 0920 online through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing system.
The purpose of lc 0920 is to report foreign bank and financial accounts to prevent tax evasion and money laundering.
Key information includes the account number, name on the account, name of the financial institution, and maximum value during the year.
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