The TD F 90-22.1 form is an absolute nightmare, especially as I move further back in time and try to find records of long ago closed bank accounts. It doesn’t help that the form itself can be a little confusing.
I had a false start because I neglected to fully read the pages I was filling out. I’m accustomed to Canadian forms (for immigration and such-like). I never thought about this before, and I certainly never thought that I’d say these words, but the Canadians are really good at making their forms straightforward and easy to follow. The TD F 90-22.1, on the other hand, appears to be actively trying to be tricky.
If you keep an eye on the very top of pages 2-5, you’ll see that each sheet isn’t just for “more paper if needed,” but actually divides out bank accounts. Here are the pages:
- Filer’s identifying information. Includes space for one separately held bank account in Part II.
- Part II continued, provides space to fill in more separately held bank accounts.
- Part III, for accounts owned jointly.
- Part IV, for any accounts to which the filer has signing authority but no financial interest.
- Part V, for accounts where the filer is filing a consolidated report.
As you fill this out, keep in mind that all dollar amounts must be in US using the exchange rate for December 31 of the year you’re filing. You can e-mail a representative of the Treasury Department to get the historical data with the addresses found on this page.
If you have more information, please leave a note in the comments.