N82's blog post

[muxplust]

Remember - Get this form in
Posted on June 24th, 2007 in General by Nat

http://www.irs.gov/pub/irs-pdf/f90221.pdf

I wrote about this in my old blog before I took it down. Since I haven’t posted the archives yet, that entry isn’t available anymore to the viewing public. But if you had $10K in NETELLER at any point in 2006 (even if it was for about 30 seconds) and you’re a US citizen, you need to get this form in and you need to get it in before June 30th. The penalties for not filing are extremely severe (think prison and/or six figure fines), so be smart — fill it out and send it in. The US Gov’t could easily have copies of NETELLER records after this whole investigation thing and you don’t want to get caught not reporting your foreign accounts.