Re: 100% wrong advice
Form TD F 90-22.1 is due to be sent to the Dept of Treasury by June 30th of the following year. You also much check off the box on you 1040 Sch B, obviously when you file your return.
imo, the 10K includes the value in poker accounts, since they are accounts to which you have a financial interest and are located overseas (usually in a bank).
As with all tax & related advice, you should consult a qualified tax professional to discuss your specific situation.
Not filing this form carries penalties, so it pays to understand your obligations with regard to filing this form.
|