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Signature Not Run Verified Date : Digitally signed by SINGH KUL DIP Date: 2013.10.08 12:10:57 IST Signature Not 08/10/2013 Verified Digitally signed by SINGH KUL DIP Date: 2013.10.08 12:13:39 IST
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121057 ist is a form used for reporting information on certain financial accounts maintained by foreign financial institutions.
US persons, including individuals, corporations, partnerships, and trusts, with foreign financial accounts that meet the reporting requirements are required to file Form 121057 ist.
Form 121057 ist can be filled out electronically through the BSA E-Filing system or by mailing a paper form to the IRS.
The purpose of Form 121057 ist is to report foreign financial accounts and assets to the IRS to help prevent tax evasion and money laundering.
Information such as the account owner's personal information, type of account, account balance, and income earned from the account must be reported on Form 121057 ist.
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