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pdfTD F 90-22.1
REPORT OF FOREIGN BANK
AND FINANCIAL ACCOUNTS
(Rev. January 2012)
Department of the Treasury
Do not use previous editions of
this form
Amended
Type of Filer
a
3
Do NOT file with your Federal Tax Return
Filer Information
Part I
2
OMB No. 1545-2038
1 This Report is for Calendar
Year Ended 12/31
Individual
b
c
Partnership
U.S. Taxpayer Identification Number
4
Corporation
Consolidated
Passport
Last Name or Organization Name
9
Address (Number, Street, and Apt. or Suite No.)
7
12
10
City
14
Does the filer have a financial interest in 25 or more financial accounts?
Yes
Fiduciary or Other—Enter type
5
Individual’s Date of Birth
MM/DD/YYYY
8
Middle Initial
Other
b Number
6
11
e
Foreign identification (Complete only if item 3 is not applicable.)
a Type:
If filer has no U.S. Identification
Number complete Item 4.
d
State
c Country of Issue
First Name
13
Zip/Postal Code
Country
If “Yes” enter total number of accounts
(If “Yes” is checked, do not complete Part II or Part III, but retain records of this information)
No
Part II
Information on Financial Account(s) Owned Separately
15
Maximum value of account during calendar year reported
16
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
45
Filer Title, if not reporting a personal account
22
Type of account a
b
Bank
Zip/Postal Code, if known
23
Securities
c
Other—Enter type below
Country
Signature
44
Filer Signature
46
Date (MM/DD/YYYY)
File this form with: U.S. Department of the Treasury, P.O. Box 32621, Detroit, MI 48232-0621
This form should be used to report a financial interest in, signature authority, or other authority over one or more financial accounts in foreign
countries, as required by the Department of the Treasury Regulations 31 CFR 1010.350 (formerly 31 CFR 103.24). No report is required if the aggregate
value of the accounts did not exceed $10,000. See Instructions For Definitions.
PRIVACY ACT AND PAPERWORK REDUCTION ACT NOTICE
Pursuant to the requirements of Public Law 93-579 (Privacy Act of 1974), notice is hereby given that the authority to collect information on TD F
90-22.1 in accordance with 5 USC 552a (e) is Public Law 91-508; 31 USC 5314; 5 USC 301; 31 CFR 1010.350 (formerly 31 CFR 103.24).
The principal purpose for collecting the information is to assure maintenance of reports where such reports or records have a high degree of
usefulness in criminal, tax, or regulatory investigations or proceedings. The information collected may be provided to those officers and employees of
any constituent unit of the Department of the Treasury who have a need for the records in the performance of their duties. The records may be referred
to any other department or agency of the United States upon the request of the head of such department or agency for use in a criminal, tax, or
regulatory investigation or proceeding. The information collected may also be provided to appropriate state, local, and foreign law enforcement and
regulatory personnel in the performance of their official duties. Disclosure of this information is mandatory. Civil and criminal penalties, including in
certain circumstances a fine of not more than $500,000 and imprisonment of not more than five years, are provided for failure to file a report, supply
information, and for filing a false or fraudulent report. Disclosure of the Social Security number is mandatory. The authority to collect is 31 CFR
1010.350 (formerly 31 CFR 103.24) . The Social Security number will be used as a means to identify the individual who files the report.
The estimated average burden associated with this collection of information is 75 minutes per respondent or record keeper, depending on individual
circumstances. Comments regarding the accuracy of this burden estimate, and suggestions for reducing the burden should be directed to the Internal
Revenue Service, Bank Secrecy Act Policy, 5000 Ellin Road C-3-242, Lanham MD 20706.
Cat. No. 12996D
Form
TD F 90-22.1
(Rev. 1-2012)
Part II
Continued—Information on Financial Account(s) Owned Separately
Form TD F 90-22.1
Page Number
Complete a Separate Block for Each Account Owned Separately
of
This side can be copied as many times as necessary in order to provide information on all accounts.
1
Filing for calendar
year
3–4
Check appropriate Identification Number
6
Last Name or Organization Name
Taxpayer Identification Number
Foreign Identification Number
Enter identification number here:
16
Type of account a
b
c
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
Bank
22
Zip/Postal Code, if known
16
Type of account a
Zip/Postal Code, if known
16
Type of account a
b
23
Zip/Postal Code, if known
16
Type of account a
b
23
Zip/Postal Code, if known
16
Type of account a
b
23
Zip/Postal Code, if known
16
Type of account a
b
23
Securities
c
Other—Enter type below
Securities
c
Other—Enter type below
Securities
c
Other—Enter type below
Country
b
Bank
Zip/Postal Code, if known
Other—Enter type below
Country
Bank
22
c
Country
Bank
22
Securities
Country
Bank
22
Other—Enter type below
Country
Bank
22
22
23
Securities
23
Securities
c
Other—Enter type below
Country
Form
TD F 90-22.1
(Rev. 1-2012)
Part III Information on Financial Account(s) Owned Jointly
Form TD F 90-22.1
Page Number
Complete a Separate Block for Each Account Owned Jointly
of
This side can be copied as many times as necessary in order to provide information on all accounts.
1
Filing for calendar
year
3–4
Check appropriate Identification Number
6
Last Name or Organization Name
Taxpayer Identification Number
Foreign Identification Number
Enter identification number here:
16
Type of account a
b
c
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
24
Number of joint owners for this account
25
Taxpayer Identification Number of principal joint owner, if known. See instructions.
26
Last Name or Organization Name of principal joint owner
29
Address (Number, Street, Suite or Apartment) of principal joint owner, if known
30
City, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
31
State, if known
22
27
Bank
Zip/Postal Code, if known
23
Securities
Country
Zip/Postal Code, if known
16
Type of account a
33
Bank
b
Securities
Other—Enter type below
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
City
21
State, if known
24
Number of joint owners for this account
25
Taxpayer Identification Number of principal joint owner, if known. See instructions.
26
Last Name or Organization Name of principal joint owner
29
Address (Number, Street, Suite or Apartment) of principal joint owner, if known
30
City, if known
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
Account number or other designation
c
19
31
State, if known
22
27
Zip/Postal Code, if known
23
Country
28
First Name of principal joint owner, if known
32
Zip/Postal Code, if known
16
Type of account a
33
b
Bank
Securities
c
Other—Enter type below
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
24
Number of joint owners for this account
25
Taxpayer Identification Number of principal joint owner, if known. See instructions.
26
Last Name or Organization Name of principal joint owner
29
Address (Number, Street, Suite or Apartment) of principal joint owner, if known
30
City, if known
31
State, if known
27
32
Zip/Postal Code, if known
23
Country
28
First Name of principal joint owner, if known
Zip/Postal Code, if known
Middle initial, if known
Country, if known
19
22
Middle initial, if known
Country, if known
20
18
28
First Name of principal joint owner, if known
32
Other—Enter type below
33
Middle initial, if known
Country, if known
Form
TD F 90-22.1
(Rev. 1-2012)
Part IV Information on Financial Account(s) Where Filer has Signature Authority but No
Financial Interest in the Account(s)
Complete a Separate Block for Each Account
Form TD F 90-22.1
Page Number
of
This side can be copied as many times as necessary in order to provide information on all accounts.
1
Filing for calendar
year
3–4
Check appropriate Identification Number
6
Last Name or Organization Name
Taxpayer Identification Number
Foreign Identification Number
Enter identification number here:
16
Type of account a
b
c
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
34
Last Name or Organization Name of Account Owner
36
First Name
39
City
43
37
40
State
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
Account number or other designation
Country
35
Taxpayer Identification Number of Account Owner
38
Address (Number, Street, and Apt. or Suite No.)
41
Zip/Postal Code
16
Type of account a
42
Country
b
Bank
Securities
c
Other—Enter type below
21
State, if known
34
Last Name or Organization Name of Account Owner
36
First Name
39
City
37
40
Middle initial
State
22
Zip/Postal Code, if known
23
Country
35
Taxpayer Identification Number of Account Owner
38
Address (Number, Street, and Apt. or Suite No.)
41
Zip/Postal Code
16
Type of account a
42
Country
Filer's Title with this Owner
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
Account number or other designation
b
Bank
Securities
c
Other—Enter type below
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
21
State, if known
20
City
34
Last Name or Organization Name of Account Owner
36
First Name
39
City
43
23
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
City
18
Other—Enter type below
19
20
43
Zip/Postal Code, if known
Securities
Filer's Title with this Owner
15
18
Middle initial
22
Bank
37
40
State
Middle initial
22
Zip/Postal Code, if known
23
Country
35
Taxpayer Identification Number of Account Owner
38
Address (Number, Street, and Apt. or Suite No.)
41
Zip/Postal Code
42
Country
Filer's Title with this Owner
Form
TD F 90-22.1
(Rev. 1-2012)
Information on Financial Account(s) Where the Filer is Filing a
Consolidated Report
Complete a Separate Block for Each Account
Part V
Form TD F 90-22.1
Page Number
of
This side can be copied as many times as necessary in order to provide information on all accounts.
1
Filing for calendar
year
3–4
Check appropriate Identification Number
6
Last Name or Organization Name
Taxpayer Identification Number
Foreign Identification Number
Enter identification number here:
16
Type of account a
b
c
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
18
Account number or other designation
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
20
City
21
State, if known
34
Corporate Name of Account Owner
38
40
City
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
Account number or other designation
20
City
34
Corporate Name of Account Owner
38
State
Country
35
Taxpayer Identification Number of Account Owner
41
Zip/Postal Code
42
Country
16
Type of account a
b
Bank
Securities
c
Other—Enter type below
21
State, if known
22
Zip/Postal Code, if known
23
Country
35
Taxpayer Identification Number of Account Owner
42
Country
Address (Number, Street, and Apt. or Suite No.)
40
15
Maximum value of account during calendar year reported
17
Name of Financial Institution in which account is held
Account number or other designation
20
City
34
Corporate Name of Account Owner
39
23
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
City
38
Other—Enter type below
19
39
18
Zip/Postal Code, if known
Securities
Address (Number, Street, and Apt. or Suite No.)
39
18
22
Bank
State
41
Zip/Postal Code
16
Type of account a
b
Bank
Securities
c
Other—Enter type below
19
Mailing Address (Number, Street, Suite Number) of financial institution in which account is held
21
State, if known
22
Zip/Postal Code, if known
23
Country
35
Taxpayer Identification Number of Account Owner
42
Country
Address (Number, Street, and Apt. or Suite No.)
City
40
State
41
Zip/Postal Code
Form
TD F 90-22.1
(Rev. 1-2012)
Form TD F 90-22.1 (Rev. 1-2012)
General Instructions
Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts (the
“FBAR”), is used to report a financial interest in or signature authority
over a foreign financial account. The FBAR must be received by the
Department of the Treasury on or before June 30th of the year
immediately following the calendar year being reported. The June 30th
filing date may not be extended.
Who Must File an FBAR. A United States person that has a financial
interest in or signature authority over foreign financial accounts must file
an FBAR if the aggregate value of the foreign financial accounts
exceeds $10,000 at any time during the calendar year. See General
Definitions, to determine who is a United States person.
General Definitions
Financial Account. A financial account includes, but is not limited to, a
securities, brokerage, savings, demand, checking, deposit, time deposit,
or other account maintained with a financial institution (or other person
performing the services of a financial institution). A financial account
also includes a commodity futures or options account, an insurance
policy with a cash value (such as a whole life insurance policy), an
annuity policy with a cash value, and shares in a mutual fund or similar
pooled fund (i.e., a fund that is available to the general public with a
regular net asset value determination and regular redemptions).
Foreign Financial Account. A foreign financial account is a financial
account located outside of the United States. For example, an account
maintained with a branch of a United States bank that is physically
located outside of the United States is a foreign financial account. An
account maintained with a branch of a foreign bank that is physically
located in the United States is not a foreign financial account.
Financial Interest. A United States person has a financial interest in a
foreign financial account for which:
(1) the United States person is the owner of record or holder of legal
title, regardless of whether the account is maintained for the benefit of
the United States person or for the benefit of another person; or
(2) the owner of record or holder of legal title is one of the following:
(a) An agent, nominee, attorney, or a person acting in some other
capacity on behalf of the United States person with respect to the
account;
(b) A corporation in which the United States person owns directly or
indirectly: (i) more than 50 percent of the total value of shares of
stock or (ii) more than 50 percent of the voting power of all shares
of stock;
(c) A partnership in which the United States person owns directly or
indirectly: (i) an interest in more than 50 percent of the partnership's
profits (e.g., distributive share of partnership income taking into
account any special allocation agreement) or (ii) an interest in more
than 50 percent of the partnership capital;
(d) A trust of which the United States person: (i) is the trust grantor
and (ii) has an ownership interest in the trust for United States
federal tax purposes. See 26 U.S.C. sections 671-679 to determine
if a grantor has an ownership interest in a trust;
(e) A trust in which the United States person has a greater than 50
percent present beneficial interest in the assets or income of the
trust for the calendar year; or
(f) Any other entity in which the United States person owns directly
or indirectly more than 50 percent of the voting power, total value of
equity interest or assets, or interest in profits.
Person. A person means an individual and legal entities including, but
not limited to, a limited liability company, corporation, partnership, trust,
and estate.
Signature Authority. Signature authority is the authority of an individual
(alone or in conjunction with another individual) to control the disposition
of assets held in a foreign financial account by direct communication
(whether in writing or otherwise) to the bank or other financial institution
that maintains the financial account. See Exceptions, Signature
Authority.
Page
6
United States. For FBAR purposes, the United States includes the
States, the District of Columbia, all United States territories and
possessions (e.g., American Samoa, the Commonwealth of the Northern
Mariana Islands, the Commonwealth of Puerto Rico, Guam, and the
United States Virgin Islands), and the Indian lands as defined in the
Indian Gaming Regulatory Act. References to the laws of the United
States include the laws of the United States federal government and the
laws of all places listed in this definition.
United States Person. United States person means United States
citizens; United States residents; entities, including but not limited to,
corporations, partnerships, or limited liability companies created or
organized in the United States or under the laws of the United States;
and trusts or estates formed under the laws of the United States.
Note. The federal tax treatment of an entity does not determine whether
the entity has an FBAR filing requirement. For example, an entity that is
disregarded for purposes of Title 26 of the United States Code must file
an FBAR, if otherwise required to do so. Similarly, a trust for which the
trust income, deductions, or credits are taken into account by another
person for purposes of Title 26 of the United States Code must file an
FBAR, if otherwise required to do so.
United States Resident. A United States resident is an alien residing in
the United States. To determine if the filer is a resident of the United
States apply the residency tests in 26 U.S.C. section 7701(b). When
applying the residency tests, use the definition of United States in these
instructions.
Exceptions
Certain Accounts Jointly Owned by Spouses. The spouse of an
individual who files an FBAR is not required to file a separate FBAR if
the following conditions are met: (1) all the financial accounts that the
non-filing spouse is required to report are jointly owned with the filing
spouse; (2) the filing spouse reports the jointly owned accounts on a
timely filed FBAR; and (3) both spouses sign the FBAR in Item 44. See
Explanations for Specific Items, Part III, Items 25-33. Otherwise, both
spouses are required to file separate FBARs, and each spouse must
report the entire value of the jointly owned accounts.
Consolidated FBAR. If a United States person that is an entity is
named in a consolidated FBAR filed by a greater than 50 percent owner,
such entity is not required to file a separate FBAR. See Explanations for
Specific Items, Part V.
Correspondent/Nostro Account. Correspondent or nostro accounts
(which are maintained by banks and used solely for bank-to-bank
settlements) are not required to be reported.
Governmental Entity. A foreign financial account of any governmental
entity of the United States (as defined above) is not required to be
reported by any person. For purposes of this form, governmental entity
includes a college or university that is an agency of, an instrumentality
of, owned by, or operated by a governmental entity. For purposes of this
form, governmental entity also includes an employee retirement or
welfare benefit plan of a governmental entity.
International Financial Institution. A foreign financial account of any
international financial institution (if the United States government is a
member) is not required to be reported by any person.
IRA Owners and Beneficiaries. An owner or beneficiary of an IRA is
not required to report a foreign financial account held in the IRA.
Participants in and Beneficiaries of Tax-Qualified Retirement Plans.
A participant in or beneficiary of a retirement plan described in Internal
Revenue Code section 401(a), 403(a), or 403(b) is not required to report
a foreign financial account held by or on behalf of the retirement plan.
Signature Authority. Individuals who have signature authority over, but
no financial interest in, a foreign financial account are not required to
report the account in the following situations:
(1) An officer or employee of a bank that is examined by the Office of
the Comptroller of the Currency, the Board of Governors of the Federal
Reserve System, the Federal Deposit Insurance Corporation, the Office
of Thrift Supervision, or the National Credit Union Administration is not
required to report signature authority over a foreign financial account
owned or maintained by the bank.
(2) An officer or employee of a financial institution that is registered
with and examined by the Securities and Exchange Commission or
Commodity Futures Trading Commission is not required to report
signature authority over a foreign financial account owned or maintained
by the financial institution.
Form TD F 90-22.1 (Rev. 1-2012)
(3) An officer or employee of an Authorized Service Provider is not
required to report signature authority over a foreign financial account
that is owned or maintained by an investment company that is
registered with the Securities and Exchange Commission. Authorized
Service Provider means an entity that is registered with and examined
by the Securities and Exchange Commission and provides services to
an investment company registered under the Investment Company Act
of 1940.
(4) An officer or employee of an entity that has a class of equity
securities listed (or American depository receipts listed) on any United
States national securities exchange is not required to report signature
authority over a foreign financial account of such entity.
(5) An officer or employee of a United States subsidiary is not required
to report signature authority over a foreign financial account of the
subsidiary if its United States parent has a class of equity securities
listed on any United States national securities exchange and the
subsidiary is included in a consolidated FBAR report of the United
States parent.
(6) An officer or employee of an entity that has a class of equity
securities registered (or American depository receipts in respect of
equity securities registered) under section 12(g) of the Securities
Exchange Act is not required to report signature authority over a foreign
financial account of such entity.
Trust Beneficiaries. A trust beneficiary with a financial interest
described in section (2)(e) of the financial interest definition is not
required to report the trust's foreign financial accounts on an FBAR if
the trust, trustee of the trust, or agent of the trust: (1) is a United States
person and (2) files an FBAR disclosing the trust's foreign financial
accounts.
United States Military Banking Facility. A financial account maintained
with a financial institution located on a United States military installation
is not required to be reported, even if that military installation is outside
of the United States.
Filing Information
When and Where to File. The FBAR is an annual report and must be
received by the Department of the Treasury on or before June 30th of
the year following the calendar year being reported. Do Not file with
federal income tax return.
File by mailing to:
Department of the Treasury
Post Office Box 32621
Detroit, MI 48232-0621
If an express delivery service is used, file by mailing to:
IRS Enterprise Computing Center
ATTN: CTR Operations Mailroom, 4th Floor
985 Michigan Avenue
Detroit, MI 48226
The FBAR may be hand delivered to any local office of the Internal
Revenue Service for forwarding to the Department of the Treasury,
Detroit, MI. The FBAR may also be delivered to the Internal Revenue
Service's tax attaches located in United States embassies and
consulates for forwarding to the Department of the Treasury, Detroit, MI.
The FBAR is not considered filed until it is received by the Department
of the Treasury in Detroit, MI.
No Extension of Time to File. There is no extension of time available
for filing an FBAR. Extensions of time to file federal tax returns do NOT
extend the time for filing an FBAR. If a delinquent FBAR is filed, attach a
statement explaining the reason for the late filing.
Amending a Previously Filed FBAR. To amend a filed FBAR, check the
"Amended" box in the upper right hand corner of the first page of the
FBAR. Complete the form in its entirety and include the amended
information. Do not attach a copy of the original FBAR. An amendment
should not be made until at least 120 calendar days after the original
FBAR is filed.
Record Keeping Requirements. Persons required to file an FBAR must
retain records that contain the name in which each account is
maintained, the number or other designation of the account, the name
and address of the foreign financial institution that maintains the
account, the type of account, and the maximum account value of each
account during the reporting period. The records must be retained for a
Page
7
period of 5 years from June 30th of the year following the calendar year
reported and must be available for inspection as provided by law.
Retaining a copy of the filed FBAR can help to satisfy the record
keeping requirements.
An officer or employee who files an FBAR to report signature authority
over an employer's foreign financial account is not required to
personally retain records regarding these accounts.
Questions. FBAR help is available by telephone or e-mail. Call
866-270-0733 (toll-free within the U.S.) or 313-234-6146 (from outside
the U.S., not toll-free) from 8 a.m.—4:30 p.m. Eastern time, or e-mail
your inquiry to [email protected].
Explanations for Specific Items
Part I — Filer Information
Item 1. The FBAR is an annual report. Enter the calendar year being
reported. If amending a previously filed FBAR, check the “Amended”
box.
Item 2. Check the box that describes the filer. Check only one box.
Individuals reporting only signature authority, check box “a”. If filing a
consolidated FBAR, check box “d”. To determine if a consolidated
FBAR can be filed, see Part V. If the type of filer is not listed in boxes “a”
through “c”, check box “e”, and enter the type of filer. Persons that
should check box “e” include, but are not limited to, trusts, estates,
limited liability companies, and tax-exempt entities (even if the entity is
organized as a corporation). A disregarded entity must check box “e”,
and enter the type of entity followed by “(D.E.)”. For example, a limited
liability company that is disregarded for United States federal tax
purposes would enter “limited liability company (D.E.)”.
Item 3. Provide the filer's United States taxpayer identification number.
Generally, this is the filer's United States social security number (SSN),
United States individual taxpayer identification number (ITIN), or
employer identification number (EIN). Throughout the FBAR, numbers
should be entered with no spaces, dashes, or other punctuation. If the
filer does NOT have a United States taxpayer identification number,
complete Item 4.
Item 4. Complete Item 4 only if the filer does NOT have a United States
taxpayer identification number. Item 4 requires the filer to provide
information from an official foreign government document to verify the
filer's nationality or residence. Enter the document number followed by
the country of issuance, check the appropriate type of document, and if
“other” is checked, provide the type of document.
Item 5. If the filer is an individual, enter the filer's date of birth, using the
month, day, and year convention.
Items 9, 10, 11, 12, and 13. Enter the filer's address. An individual
residing in the United States must enter the street address of the
individual's United States residence, not a post office box. An individual
residing outside the United States must enter the individual's United
States mailing address. If the individual does not have a United States
mailing address, the individual must enter a foreign residence address.
An entity must enter its United States mailing address. If the entity does
not have a United States mailing address, the entity must enter its
foreign mailing address.
Item 14. If the filer has a financial interest in 25 or more foreign financial
accounts, check “Yes” and enter the number of accounts. Do not
complete Part II or Part III of the FBAR. If filing a consolidated FBAR,
only complete Part V, Items 34-42, for each United States entity
included in the consolidated FBAR.
Note. If the filer has signature authority over 25 or more foreign financial
accounts, only complete Part IV, Items 34-43, for each person for which
the filer has signature authority, and check “No” in Part I, Item 14.
Filers must comply with applicable recording keeping requirements.
See Record Keeping Requirements.
Part II — Information on Financial Account(s) Owned
Separately
Enter information in the applicable parts of the form only. Number the
pages used, and mail only those pages. If there is not enough space to
provide all account information, copy and complete additional pages of
the required Part as necessary. Do not use any attachments unless
otherwise specified in the instructions.
Form TD F 90-22.1 (Rev. 1-2012)
Item 15. Determining Maximum Account Value.
Step 1. Determine the maximum value of each account (in the currency
of that account) during the calendar year being reported. The maximum
value of an account is a reasonable approximation of the greatest value
of currency or nonmonetary assets in the account during the calendar
year. Periodic account statements may be relied on to determine the
maximum value of the account, provided that the statements fairly
reflect the maximum account value during the calendar year. For Item
15, if the filer had a financial interest in more than one account, each
account must be valued separately.
Step 2. In the case of non-United States currency, convert the
maximum account value for each account into United States dollars.
Convert foreign currency by using the Treasury's Financial Management
Service rate (this rate may be found at www.fms.treas.gov) from the last
day of the calendar year. If no Treasury Financial Management Service
rate is available, use another verifiable exchange rate and provide the
source of that rate. In valuing currency of a country that uses multiple
exchange rates, use the rate that would apply if the currency in the
account were converted into United States dollars on the last day of the
calendar year.
If the aggregate of the maximum account values exceeds $10,000, an
FBAR must be filed. An FBAR is not required to be filed if the person did
not have $10,000 of aggregate value in foreign financial accounts at any
time during the calendar year.
For United States persons with a financial interest in or signature
authority over fewer than 25 accounts that are unable to determine if the
aggregate maximum account values of the accounts exceeded $10,000
at any time during the calendar year, complete Part II, III, IV, or V, as
appropriate, for each of these accounts and enter “value unknown” in
Item 15.
Item 16. Indicate the type of account. Check only one box. If “Other” is
selected, describe the account.
Item 17. Provide the name of the financial institution with which the
account is held.
Item 18. Provide the account number that the financial institution uses
to designate the account.
Items 19-23. Provide the complete mailing address of the financial
institution where the account is located. If the foreign address does not
include a state (e.g., province) or postal code, leave the box(es) blank.
Part III — Information on Financial Account(s) Owned
Jointly
Enter information in the applicable parts of the form only. Number the
pages used, and mail only those pages. If there is not enough space to
provide all account information, copy and complete additional pages of
the required Part as necessary. Do not use any attachments unless
otherwise specified in the instructions.
For Items 15-23, see Part II. Each joint owner must report the entire
value of the account as determined under Item 15.
Item 24. Enter the number of joint owners for the account. If the exact
number is not known, provide an estimate. Do not count the filer when
determining the number of joint owners.
Items 25-33. Use the identifying information of the principal joint owner
(excluding the filer) to complete Items 25-33. Leave blank items for
which no information is available. If the filer's spouse has an interest in a
jointly owned account, the filer's spouse is the principal joint owner.
Enter “(spouse)” on line 26 after the last name of the joint spousal
owner. See Exceptions, Certain Accounts Jointly Owned by Spouses, to
determine if the filer's spouse is required to independently report the
jointly owned accounts.
Part IV — Information on Financial Account(s) Where
Filer has Signature Authority but No Financial Interest
in the Account(s)
Enter information in the applicable parts of the form only. Number the
pages used, and mail only those pages. If there is not enough space to
provide all account information, copy and complete additional pages of
the required Part as necessary. Do not use any attachments unless
otherwise specified in the instructions.
25 or More Foreign Financial Accounts. Filers with signature authority
over 25 or more foreign financial accounts must complete only Items
34-43 for each person on whose behalf the filer has signature authority.
Page
8
Modified Reporting for United States Persons Residing and
Employed Outside of the United States. A United States person who
(1) resides outside of the United States, (2) is an officer or employee of
an employer who is physically located outside of the United States, and
(3) has signature authority over a foreign financial account that is owned
or maintained by the individual's employer should only complete Part I
and Part IV, Items 34-43 of the FBAR. Part IV, Items 34-43 should only
be completed one time with information about the individual's employer.
For Items 15-23, see Part II.
Items 34-42. Provide the name, address, and identifying number of the
owner of the foreign financial account for which the individual has
signature authority over but no financial interest in the account. If there
is more than one owner of the account for which the individual has
signature authority, provide the information in Items 34-42 for the
principal joint owner (excluding the filer). If account information is
completed for more than one account of the same owner, identify the
owner only once and write “Same Owner” in Item 34 for the succeeding
accounts with the same owner.
Item 43. Enter filer's title for the position that provides signature
authority (e.g., treasurer).
Part V — Information on Financial Account(s) Where
Filer Is Filing a Consolidated Report
Enter information in the applicable parts of the form only. Number the
pages used, and mail only those pages. If there is not enough space to
provide all account information, copy and complete additional pages of
the required Part as necessary. Do not use any attachments unless
otherwise specified in the instructions.
Who Can File a Consolidated FBAR. An entity that is a United States
person that owns directly or indirectly a greater than 50 percent interest
in another entity that is required to file an FBAR is permitted to file a
consolidated FBAR on behalf of itself and such other entity. Check box
“d” in Part I, Item 2 and complete Part V. If filing a consolidated FBAR
and reporting 25 or more foreign financial accounts, complete only
Items 34-42 for each entity included in the consolidated FBAR.
For Items 15-23, see Part II.
Items 34-42. Provide the name, United States taxpayer identification
number, and address of the owner of the foreign financial account as
shown on the books of the financial institution. If account information is
completed for more than one account of the same owner, identify the
owner only once and write “Same Owner” in Item 34 for the succeeding
accounts of the same owner.
Signatures
Items 44-46. The FBAR must be signed by the filer named in Part I. If
the FBAR is being filed on behalf of a partnership, corporation, limited
liability company, trust, estate, or other entity, it must be signed by an
authorized individual. Enter the authorized individual's title in Item 45.
An individual must leave “Filer's Title” blank, unless the individual is
filing an FBAR due to the individual's signature authority. If an individual
is filing because the individual has signature authority over a foreign
financial account, the individual should enter the title upon which his or
her authority is based in Item 45.
A spouse included as a joint owner, who does not file a separate
FBAR in accordance with the instructions in Part III, must also sign the
FBAR (in Item 44) for the jointly owned accounts. See the instructions
for Part III.
Penalties
A person who is required to file an FBAR and fails to properly file may
be subject to a civil penalty not to exceed $10,000 per violation. If there
is reasonable cause for the failure and the balance in the account is
properly reported, no penalty will be imposed. A person who willfully
fails to report an account or account identifying information may be
subject to a civil monetary penalty equal to the greater of $100,000 or
50 percent of the balance in the account at the time of the violation. See
31 U.S.C. section 5321(a)(5). Willful violations may also be subject to
criminal penalties under 31 U.S.C. section 5322(a), 31 U.S.C. section
5322(b), or 18 U.S.C. section 1001.
| File Type | application/pdf |
| File Title | TDF 90-22.1 (Rev. January 2012) |
| Subject | Fillable |
| Author | SE:W:CAR:MP |
| File Modified | 2012-01-11 |
| File Created | 2008-10-09 |