The IRS Audit Blog

Question: IRS Form TDF 90-22.1 – Reporting Foreign Bank Acct.?

If you have a Goldmoney.com account, is that considered a Foreign Bank Account requiring completion of the TDF 90-22.1 form?

Answer: Yes, since they are incorporated in Jersey in the Channel Islands. If the aggregate value of your foreign holdings is $10k or more at any time during the tax year you must file the TD F 90-22.1 report by June 30th of the following hear.

Finance and Banking

This updates our March 17, 2010, In Brief Tax client alert discussing new proposed regulations governing the reporting of foreign bank, brokerage and other foreign financial accounts (“FBAR”) on Form TD F 90-22.1 (Report of Foreign Bank and Financial Accounts).

Related posts

• Llc IRS Form
• IRS Nanny Tax Form
• Irs Collection Form
• Charity IRS Form
• 1040 IRS Form Instructions
• Www IRS.gov Forms
• W9 IRS Forms