N82's blog post

[drtofu66]

Chipleeder's post on this thread may answer your question:

http://forumserver.twoplustwo.com/showfl...part=1&vc=1

[ QUOTE ]

I contacted the IRS/Treasury Department Foreign bank directly and confirmed with them that e-wallets such as Neteller are reportable foreign accounts for U.S. foreign bank account reporting (due July 2, 2007.)

While I was at it I asked about monies at online gambling sites such as PartyPoker. This was their reply:

"As for a response on the Party Poker account, it may be harder to determine if it is reportable. If it is just a transfer service account it is not considered reportable."

It is my belief now that:

Most likely, most of monies are held at PartyPoker, PokerStars, etc. not reportable. While all non-US online e-wallets are reportable.

FYI

Chip CPA


[/ QUOTE ]

That thread toward the end also talks about first year filers of the TD F 90-22.1 form having a really high audit rate (I can't verify it-- just letting you know what they are saying). Just when I thought that the NeTeller headache was coming to an end...