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H1461.1 ___HOUSE BILL 1921 ___State of Washington65th Legislature 2017 Regular Session Representatives Morris, Smith, and Vicar ACT Relating to telecommunications services; amending RCW 35.21.860,
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H-1461 is a tax form used for reporting information on foreign bank accounts.
Any individual or entity with foreign bank accounts that meet certain criteria set by the IRS is required to file h-1461.
H-1461 can be filled out either electronically or on paper. It requires reporting detailed information about foreign bank accounts.
The purpose of h-1461 is to report on foreign bank accounts to prevent tax evasion and money laundering.
Information such as the account holder's name, account number, bank name, and maximum account value during the reporting period must be reported on h-1461.
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