Reports or Foreign Financial Accounts
When a report is required
A person having a financial interest in or signature or other authority over a bank account, securities account, or other financial account in a foreign country must file a report with the Commissioner of the Internal Revenue Service each year in which the account is maintained.
When and where to file the report
The reports must be filed with the Commissioner of the Internal Revenue Service on or before June 30 of each calendar year with respect to foreign financial accounts exceeding $10,000 maintained during the previous calendar year.
Forms
Forms for making this report can be obtained from the Internal Revenue Service.