FOREIGN BANK and FINANCIAL ACCOUNTS

If you had any financial interest in, or signature or other authority over, a bank account, securities account, or other financial account in a foreign country at any time during the tax year, you may have to complete Treasury Department Form TD 90-22.1, Report of Foreign Bank and Financial Accounts, and file it with the Department of the Treasury, P.O. Box 32621, Detroit, MI 48232. You must file this form no matter where you live. You need not file this form if the combined assets in the account(s) are $10,000 or less during the entire year, or if the assets are with a U.S. military banking facility operated by a U.S. financial institution.

Tax regulations for foreign bank accounts