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Formosa No 15450052Return of Private Foundation990 For!3ection4947 (a)(1)Trust Treated as Private Foundation
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What is ti e 113?
TI E-113 is a tax form used to report foreign bank and financial accounts to the U.S. Department of the Treasury.
Who is required to file ti e 113?
Individuals and entities that have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 are required to file TI E-113.
How to fill out ti e 113?
To fill out TI E-113, provide information about the account holder, the financial institutions, account numbers, and the maximum value of the accounts during the calendar year on the form.
What is the purpose of ti e 113?
The purpose of TI E-113 is to prevent tax evasion by ensuring that U.S. taxpayers report their foreign financial accounts.
What information must be reported on ti e 113?
The information that must be reported on TI E-113 includes account holder details, bank names, account numbers, and the highest balance in each account during the reporting period.
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