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IRS.gov Website
Instructions for Form 8966
taxmap/instr2/i8966-005.htm#en_us_publink10007564

taxmap/instr2/i8966-005.htm#TXMP1b04e643
Accounts and Withholdable Payments Required To Be Reported(p5)

rule
taxmap/instr2/i8966-005.htm#en_us_publink10007565
taxmap/instr2/i8966-005.htm#TXMP6c1053db
Accounts to be reported.(p5)
rule
A PFFI, Reporting Model 2 FFI, or RDC FFI must file a separate Form 8966 annually for each account required to be reported, or for each group of accounts for which pooled reporting is permitted, in accordance with the FFI agreement and Regulations section 1.1471-4(d). Such an FFI must report with respect to accounts required to be reported that are maintained at any time during each calendar year. This includes accounts that are identified as (or presumed) U.S. accounts or accounts that are treated as held by a recalcitrant account holder or nonparticipating FFI by the end of such calendar year following a change in circumstances during such year or due to the expiration during such year of the time period provided in the applicable due diligence procedures for documenting the account holder. See Regulations section 1.1471-4(d)(2)(i) and (ii). Form 8966 reporting is required for the following accounts.
taxmap/instr2/i8966-005.htm#en_us_publink10007567
taxmap/instr2/i8966-005.htm#TXMP283a21e0
Account Information to be Reported.(p6)
rule
The following information is reported on Form 8966. For the 2014 and 2015 calendar years, see Transitional Account Information Reporting Rules for 2014 and 2015, later, to determine the information you are required to report for those calendar years. See Specific Instructions, later, to determine the information you are required to report based on your filing status.
taxmap/instr2/i8966-005.htm#en_us_publink10007568

taxmap/instr2/i8966-005.htm#TXMP59ebdbe5
Transitional Account Information Reporting Rules for 2014 and 2015(p6)

rule
taxmap/instr2/i8966-005.htm#en_us_publink10007569
taxmap/instr2/i8966-005.htm#TXMP544f78f3
2014 calendar year.(p6)
rule
Report all the foregoing information, except for the enumerated payments made with respect to the account as described in Part IV, Line 4. The PFFI must report any account identified and documented as a U.S. account or an account held by an ODFFI or nonparticipating FFI as of December 31, 2014 if such account was outstanding on July 1, 2014. See Regulations section 1.1471-4(d)(7)(ii)(A) and (B). For purposes of determining the account balance or value, the account balance or value should be determined based on the entire 2014 calendar year.
taxmap/instr2/i8966-005.htm#en_us_publink10007570
taxmap/instr2/i8966-005.htm#TXMP05d8169e
2015 calendar year.(p6)
rule
Report all the foregoing information, including any enumerated payments made with respect to the account as described in Part IV, Lines 4a, 4b, and 4d, except certain gross proceeds described in Part IV, Line 4c. The PFFI must report any account identified and documented as a U.S. account or an account held by the ODFFI or nonparticipating FFI as of December 31, 2015 (or as of the date the account is closed if closed prior to December 31, 2015) if such account was outstanding at any time during calendar year 2015. See Regulations section 1.1471-4(d)(7)(ii)(B).
taxmap/instr2/i8966-005.htm#TXMR0f81337b

taxmap/instr2/i8966-005.htm#TXMP7c179dfa
Withholding Agent Reporting(p6)

rule
A withholding agent (other than an FFI reporting accounts maintained by such FFI under the account reporting rules described earlier in Accounts and Withholdable Payments Required To Be Reported), files Form 8966 to report the following in connection with a withholdable payment.
taxmap/instr2/i8966-005.htm#TXMR1fd6741c

taxmap/instr2/i8966-005.htm#TXMP3fa864c7
Transitional Reporting for Amounts Paid During 2014(p6)

rule
A withholding agent described in this subsection of the instructions is only required to report for calendar year 2014 if it makes a withholdable payment on or after July 1, 2014 to a passive NFFE with a substantial U.S. owner or ODFFI with one or more specified U.S. persons owning certain equity or debt interests in the ODFFI. In such a case, the withholding agent is required to report for withholdable payments made on or after July 1 through December 31, 2014.
taxmap/instr2/i8966-005.htm#TXMP65b91537

taxmap/instr2/i8966-005.htm#TXMP1fd955ff
Specific Instructions(p6)

rule
taxmap/instr2/i8966-005.htm#en_us_publink10007571

taxmap/instr2/i8966-005.htm#TXMP71d94cd2
Before You Begin(p7)

rule
There are five parts to Form 8966. A filer completes only the relevant parts of the form applicable for that filer, as set forth in the following chart.
Form 8966 Completion
FILERSEPARATE FORM 8966 FOR EACHCOMPLETE PARTS
PFFIU.S. account held by a specified U.S. personI, II, and IV
 Substantial U.S. owner of a passive NFFE (passive NFFE is holder of the U.S. account)I, II, III, and IV
 Specified U.S. person owning certain equity or debt interests in an ODFFI for which you act as a designated withholding agentI, II, III, and IV
 Account held by nonparticipating FFI (unless pooled reporting is applicable)I, II, IV
 Pooled Reporting for recalcitrant account holders (or non-consenting U.S. accounts) or nonparticipating FFIsI and V
WITHHOLDING AGENTSpecified U.S. person owning certain equity or debt interests in an ODFFI to which the withholding agent makes a withholdable payment I, II, III, and IV
 Substantial U.S. owner of a passive NFFE to which the withholding agent makes a withholdable paymentI, II, III, and IV
DIRECT REPORTING NFFESubstantial U.S. owner of a direct reporting NFFEI, II, III, and IV
taxmap/instr2/i8966-005.htm#en_us_publink10007573
taxmap/instr2/i8966-005.htm#TXMP4e49397e
Special instructions for filers not specifically listed in chart.(p7)
rule
For purposes of applying the specific instructions (including this chart), a withholding agent includes a U.S. branch or Territory Financial Institution treated as a U.S. person. A Reporting Model 2 FFI files consistent with the requirements of a PFFI unless otherwise indicated. A Sponsoring Entity of a Sponsored FFI files under the requirements of a PFFI. A RDC FFI files under the requirements of a PFFI with respect to an account it is required to report as a condition of its deemed-compliant status. A trustee of a Trustee-Documented Trust files under the requirements of a PFFI. A Sponsoring Entity of a Sponsored Direct Reporting NFFE files under the requirements of a Direct Reporting NFFE. A limited branch or limited FFI, to the extent it is permitted to report, files under the requirements of a PFFI unless otherwise indicated. Entities filing consistent with a PFFI should substitute their chapter 4 status for PFFI where that term is used in the instructions, except as otherwise noted.
taxmap/instr2/i8966-005.htm#en_us_publink10007574
taxmap/instr2/i8966-005.htm#TXMP13e2019c
Amount and character of payments.(p7)
rule
The amount and character of payments made with respect to an account may be determined under the same principles that the filer uses to report information on resident account holders to its domestic tax authority. Thus, the amount and character of items of income required to be reported need not be determined in accordance with U.S. federal tax principles. If any type of payment is not reported to domestic tax authorities, such amounts may be determined in the same manner as used for reporting to the account holder. Otherwise, reporting must either be in accordance with U.S. federal tax principles, or with any reasonable method consistent with the accounting principles applied by the PFFI. IRS consent is required to change such method, except that a change to rely on U.S. federal income tax principles is automatically permitted. See Regulations section 1.1471-4(d)(4)(iv)(E).
taxmap/instr2/i8966-005.htm#en_us_publink10007543
taxmap/instr2/i8966-005.htm#TXMP7f65f3a8
Currency translation.(p7)
rule
Account balance or value, and any reportable payment, may be reported in U.S. dollars or in the currency in which the account or payment is denominated. In the case of an account, or payments denominated in multiple currencies, the filer may elect to report the account balance or value, or payments, in a currency in which the account or payments are denominated and is required to identify the currency, including the applicable currency code, in which the account is reported. See Regulations section 1.1471-4(d)(4)(iv)(B) and (F). If an account balance or payment is reported in U.S. dollars, the filer must calculate the amount in the manner described in Regulations section 1.1471-5(b)(4).
taxmap/instr2/i8966-005.htm#en_us_publink10007544
taxmap/instr2/i8966-005.htm#TXMP477c1bb7
Rounding off to whole currency amounts.(p8)
rule
You may round fractional currency amounts up (or down) to the closest non-fractional (whole) currency amount. If the fractional currency amount is equal to or greater than half the value of the basic currency unit, round up to the next whole currency amount. If the fractional currency amount is less than half the value of the basic currency unit, round down to the next whole currency amount. If you choose to round currency amounts, you must round all currency amounts reported.
The following illustrates the application of this rule to U.S. dollar amounts. To round off amounts to the nearest whole dollar, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3. If you have to add two or more amounts to figure the amount to enter on a line, include cents (your fractional currency amount) when adding and only round off the total.
taxmap/instr2/i8966-005.htm#en_us_publink10007545
taxmap/instr2/i8966-005.htm#TXMP54af2f97
Correcting a previously filed Form 8966: Corrected, Amended, and Voided Reports.(p8)
rule
If you are filing Form 8966 to correct or amend a previously filed Form 8966, submit the corrected information on the Form 8966 applicable to the year of the initial reporting as follows:
taxmap/instr2/i8966-005.htm#en_us_publink10007546
taxmap/instr2/i8966-005.htm#TXMP214b1100
Corrected report.(p8)
rule
If you are filing Form 8966 to correct information submitted to the IRS in a previously filed Form 8966 in response to an IRS inquiry, complete Form 8966 containing the corrected information as if it were the original Form 8966 for the year in question and check the box Corrected report. You do not need to include a Form 8966 marked Voided report with the corrected Form 8966.
caution
If the Form 8966 that you are correcting was filed electronically with the IRS, then the corrected Form 8966 must also be filed electronically with the IRS. If the Form 8966 that you are correcting was filed in paper format with the IRS, then the corrected Form 8966 must also be filed in paper format with the IRS. Failure to follow this rule will result in your corrected Form 8966 not being processed by the IRS.
taxmap/instr2/i8966-005.htm#en_us_publink10007548
taxmap/instr2/i8966-005.htm#TXMP1af542ea
Amended report.(p8)
rule
If you are filing Form 8966 to correct a previously filed Form 8966 and you have not been contacted by the IRS, complete Form 8966 containing the corrected information as if it were the original Form 8966 and check the box Amended report. A Form 8966 marked Voided report must be filed with the amended Form 8966.
caution
If the Form 8966 that you are amending was filed electronically with the IRS, then the amended Form 8966 and accompanying voided Form 8966 must be filed electronically with the IRS. If the Form 8966 that you are amending was filed in paper format with the IRS, then the amended Form 8966 and accompanying voided Form 8966 must be filed in paper format with the IRS. Failure to follow this rule will result in your amended Form 8966 not being processed by the IRS.
taxmap/instr2/i8966-005.htm#en_us_publink10007550
taxmap/instr2/i8966-005.htm#TXMP32edd85d
Voided report.(p8)
rule
A copy of the Form 8966 as originally filed with the IRS, updated by checking the Voided report box, must be filed along with the “Amended report” filing that shows the corrected version of the Form 8966.
taxmap/instr2/i8966-005.htm#en_us_publink10007575

taxmap/instr2/i8966-005.htm#TXMP67a69c4d
Part I – Identification of Filer(p8)

rule
Use Part I to provide identifying information about the Form 8966 filer. All filers must complete lines 1 through 3c. Filers provide information on lines 4 through 10 as required by the specific instructions for those lines.
taxmap/instr2/i8966-005.htm#en_us_publink10007576
taxmap/instr2/i8966-005.htm#TXMP12cd7522
Lines 1 through 3c.(p8)
rule
Enter the filer’s name and mailing address, including country and postal code. If the filer is a PFFI, provide the mailing address of the branch that maintains the account reported in Part II. If the filer’s post office does not deliver mail to a street address and the filer has a post office box, enter the filer’s post office box number instead of the filer’s street address.
taxtip
A Direct Reporting NFFE must identify itself as the filer and provide its identifying information on lines 1 through 3c.
taxtip
A Sponsoring Entity or trustee that has agreed to assume the reporting obligations of a Sponsored FFI, a Sponsored Direct Reporting NFFE, or Trustee-Documented Trust, as applicable, must identify itself as the Form 8966 filer and must provide its identifying information on lines 1 through 3c. Sponsored FFIs, Sponsored Direct Reporting NFFEs, and Trustee-Documented Trusts are identified on line 6.
taxmap/instr2/i8966-005.htm#en_us_publink10007579
taxmap/instr2/i8966-005.htm#TXMP5b46a590
Line 4.(p8)
rule
If the filer has been assigned a GIIN by the IRS, enter it on line 4. Use the GIIN of the branch of an FFI that maintains the account (if applicable). If the filer is a Direct Reporting NFFE, enter its GIIN, regardless of whether or not the account is maintained by a branch. A Sponsoring Entity or trustee filing Form 8966 on behalf of a Sponsored FFI, Sponsored Direct Reporting NFFE, or Trustee-Documented Trust, as applicable, should enter the Sponsoring Entity’s or trustee’s GIIN.
taxtip
A Sponsoring Entity should enter its Sponsoring Entity GIIN, not the separate GIIN it receives when registering as a PFFI or RDC FFI. A trustee should enter the GIIN it receives when it registers to act as a trustee of a Trustee-Documented Trust, not a separate GIIN (if any) it receives when registering itself as a PFFI or RDC FFI.
taxmap/instr2/i8966-005.htm#en_us_publink10007581
taxmap/instr2/i8966-005.htm#TXMP74be330e
Line 5.(p8)
rule
If the filer has been assigned a U.S. taxpayer identification number (TIN) by the IRS, enter it on line 5. A QI, WP, or WT enters on line 5 the employer identification number (EIN) that was issued by the IRS to be used by the QI, WP, or WT when acting in its capacity as such. The filer is not required to obtain a TIN in order to file Form 8966 if the filer has not been issued a TIN.
taxmap/instr2/i8966-005.htm#en_us_publink10007582
taxmap/instr2/i8966-005.htm#TXMP0253567d
Lines 6 through 10.(p9)
rule
Lines 6 through 10 only need to be completed if the filer is a Sponsoring Entity or a trustee of a Trustee-Documented Trust, or if the filer is making a payment to a Territory Financial Institution that is acting as an intermediary and is not treated as a U.S. person or to a certified deemed-compliant FFI that is acting as an intermediary and providing the filer with information on a substantial U.S. owner of a passive NFFE account holder or payee.
Enter the information required by lines 6 through 10 to report the indicated information relating only to one of the following:
taxmap/instr2/i8966-005.htm#en_us_publink10007583
taxmap/instr2/i8966-005.htm#TXMP63eb9c9b
Lines 6 through 8c.(p9)
rule
Follow the instructions for lines 1 through 3c to provide the information required by lines 6 through 8c. Enter the name and mailing address, including country and postal code, of the Sponsored FFI, Sponsored Direct Reporting NFFE, Trustee-Documented Trust, Territory Financial Institution, or a certified deemed-compliant FFI acting as an intermediary. If the post office does not deliver mail to a street address and the entity identified on line 6 has a post office box, enter the post office box number instead of the street address.
taxmap/instr2/i8966-005.htm#en_us_publink10007584
taxmap/instr2/i8966-005.htm#TXMP79d88938
Line 9.(p9)
rule
If the entity reported on line 6 is a Sponsored FFI, Sponsored Direct Reporting NFFE, or a Trustee-Documented Trust, enter the sponsored entity or Trustee-Documented Trust’s GIIN on line 9, if the entity has obtained a GIIN. If the entity reported on line 6 is a Territory Financial Institution or other intermediary, leave this line blank.
taxtip
A Sponsored FFI or Sponsored Direct Reporting NFFE is not required to have obtained a GIIN prior to January 1, 2016. If the Sponsored FFI or Sponsored Direct Reporting NFFE does not have a GIIN, leave this line blank.
caution
Do not enter the GIIN of the Sponsoring Entity or Trustee on line 9. That information is reported on line 4.
taxmap/instr2/i8966-005.htm#TXMR02ed5405
taxmap/instr2/i8966-005.htm#TXMP41bfe1d1
Line 10.(p9)
rule
If the entity shown on line 6 has been issued a TIN, enter the TIN on line 10. If the entity shown on line 6 is a Territory Financial Institution that has not been issued a TIN by the IRS, report the EIN assigned to the entity by the relevant U.S. territory.
taxmap/instr2/i8966-005.htm#TXMR80b42fdf

taxmap/instr2/i8966-005.htm#TXMP67788b21
Part II – Account Holder or Payee Information(p9)

rule
See the chart at Specific Instructions and Special instructions for filers not specifically listed in chart, earlier, before you begin this part to determine whether you are required to complete Part II.
caution
Jointly held accounts. If you are reporting a jointly held account in Part II, you must report each account holder that is a specified U.S. person on a separate Form 8966.
taxmap/instr2/i8966-005.htm#TXMR9b4f74be
taxmap/instr2/i8966-005.htm#TXMP4a36a614
Lines 1 through 5.(p9)
rule
Account holder or payee information. Complete lines 1 through 5 as follows to report information with respect to:
See specific instructions for Direct Reporting NFFEs and Sponsored Direct Reporting NFFEs, later, on how to complete Part II.
taxmap/instr2/i8966-005.htm#TXMR7703f74f
taxmap/instr2/i8966-005.htm#TXMP23737bed
Line 1.(p9)
rule
Enter the name of the account holder or payee.
taxmap/instr2/i8966-005.htm#TXMR30f574a1
taxmap/instr2/i8966-005.htm#TXMP3ff69dc2
Lines 2 through 3c.(p9)
rule
Enter the account holder’s or payee’s residence address, including country and postal code, on lines 2 through 3c. If a residence address cannot be reported as required, report the address used for account or payee mailings by the FFI or withholding agent.
taxmap/instr2/i8966-005.htm#TXMR88fc5a5d
taxmap/instr2/i8966-005.htm#TXMP17799f76
Line 3c.(p9)
rule
If you are reporting an address in the United States, enter only the 9 digit zip code (zip + 4) for that address.
taxmap/instr2/i8966-005.htm#TXMR82d98333
taxmap/instr2/i8966-005.htm#TXMP7e6bdd74
Line 4.(p9)
rule
If the account holder or payee has been assigned a TIN, enter that number on line 4.
taxmap/instr2/i8966-005.htm#TXMRb4cee8d1
taxmap/instr2/i8966-005.htm#TXMP48e5d62b
Line 5.(p9)
rule
Check the appropriate box on line 5 that describes the account holder or payee reported in Part II, Line 1.
taxtip
Do not check the Direct Reporting NFFE box except as permitted below.
taxmap/instr2/i8966-005.htm#TXMR975a855d
taxmap/instr2/i8966-005.htm#TXMP16668381
Direct Reporting NFFEs and Sponsored Direct Reporting NFFEs.(p9)
rule
If you are a Direct Reporting NFFE or a Sponsoring Entity filing Form 8966 on behalf of a Sponsored Direct Reporting NFFE, do not enter any information in lines 1 through 4. Identifying information about the Direct Reporting NFFE or Sponsored Direct Reporting NFFE should be provided in Part I of the Form 8966. In line 5, check the Direct Reporting NFFE box.
taxmap/instr2/i8966-005.htm#TXMR15a8163d

taxmap/instr2/i8966-005.htm#TXMP61ca7bc4
Part III – Identifying Information of U.S. Owners That Are Specified U.S. Persons(p9)

rule
See the chart at Specific Instructions and Special instructions for filers not specifically listed in chart, earlier, before you begin this part to determine whether you are required to complete Part III.
Use Part III to report information about substantial U.S. owners of a passive NFFE, substantial U.S. owners of a Direct Reporting NFFE, substantial U.S. owners of a Sponsored Direct Reporting NFFE, and specified U.S. persons owning certain equity or debt interests in an ODFFI identified in Part II, Line 1. Complete lines 1 through 4 to report U.S. owner information as follows:
taxmap/instr2/i8966-005.htm#TXMR2d4195b4
taxmap/instr2/i8966-005.htm#TXMP1f99bcc9
Line 1.(p9)
rule
Enter the U.S. owner’s name.
taxmap/instr2/i8966-005.htm#TXMR98732b93
taxmap/instr2/i8966-005.htm#TXMP5f17d49f
Lines 2 through 3c.(p9)
rule
Enter the U.S. owner’s residence address, including country and postal code, on lines 2 through 3c.
taxmap/instr2/i8966-005.htm#TXMRee7254ee
taxmap/instr2/i8966-005.htm#TXMP1b17d63d
Line 3c.(p9)
rule
If you are reporting an address in the United States, enter only the 9 digit zip code (zip + 4) for that address.
taxmap/instr2/i8966-005.htm#TXMReccf2b9e
taxmap/instr2/i8966-005.htm#TXMP5429475d
Line 4.(p9)
rule
Enter the social security number (SSN), individual taxpayer identification number (ITIN), or employer identification number (EIN) of the U.S. owner.
caution
U.S. owners. If you are a PFFI or withholding agent reporting substantial U.S. owners of a passive NFFE, or specified U.S. persons owning certain equity or debt interests in an ODFFI, you are required to file a separate Form 8966 to report information required in Part III for each such substantial U.S. owner or specified U.S. person. If you are a Direct Reporting NFFE or Sponsored Direct Reporting NFFE, you are required to file a separate Form 8966 to report each substantial U.S. owner.
taxmap/instr2/i8966-005.htm#TXMRbb156a45

taxmap/instr2/i8966-005.htm#TXMP4e842807
Part IV – Financial Information(p9)

rule
See the chart at Specific Instructions and Special instructions for filers not specifically listed in chart, earlier, before you begin this part to determine whether you are required to complete Part IV.
Use Part IV to provide financial information about:
taxmap/instr2/i8966-005.htm#TXMR0f259b95

taxmap/instr2/i8966-005.htm#TXMP6adb815b
PFFI Filers(p9)

rule
Enter the following information on lines 1 through 4d for each account required to be reported by a PFFI and held by a specified U.S. person, a passive NFFE or ODFFI with certain equity or debt interests held by more than one specified U.S. person, or a nonparticipating FFI.
taxmap/instr2/i8966-005.htm#TXMR050079e4
taxmap/instr2/i8966-005.htm#TXMP15311fec
Line 1.(p9)
rule
Enter the account number on line 1. The account number is the identifying number assigned by the PFFI for a purpose other than the filing of this form, or, if no such number is assigned to the account, a unique serial number or other number the PFFI assigns to the account for purposes of filing this form that distinguishes it from other accounts maintained by the PFFI. For example, the account number may be the account number of a custodial account or depository account, the code (ISIN or other) related to a debt or equity interest (if not held in a custody account), or the identification code of a cash value insurance contract or annuity contract. If the PFFI has no account numbering system, enter NANUM for no account number.
taxmap/instr2/i8966-005.htm#TXMR28fd61ad
taxmap/instr2/i8966-005.htm#TXMP4d95f1dd
Line 2.(p9)
rule
If the amounts reported in lines 3 through 4d are not reported in U.S. dollars, enter the code for the currency in which the amounts are reported.
taxmap/instr2/i8966-005.htm#TXMR411eaff3
taxmap/instr2/i8966-005.htm#TXMP7ac7c00f
Line 3.(p9)
rule
Enter the average calendar year account balance or value if that amount is reported to the account holder. Otherwise, report the account balance or value as of the end of the calendar year. See Regulations section 1.1471-5(b)(4) for detailed rules for determining an account’s balance or value.
taxtip
Each holder of a jointly held account is attributed the entire balance or value of the joint account.
taxtip
For reports filed for calendar year 2014, the payment information on lines 4a through 4d is not required. For reports filed for calendar year 2015, the payment information on line 4c is not required, but the information on lines 4a, 4b, and 4d must be provided. For reports filed for calendar years after 2015, all of the information on lines 4a through 4d must be provided.
taxtip
For calendar years 2015 and 2016, with respect to a nonparticipating FFI receiving a payment of a foreign reportable amount, report the total payments of foreign reportable amounts made to the NPFFI either divided by type of payment on lines 4a through 4d, or as one amount entered on line 4d.
taxmap/instr2/i8966-005.htm#TXMRff4f4d00
taxmap/instr2/i8966-005.htm#TXMP1b64ce57
Line 4a.(p9)
rule
Enter the aggregate gross amount of interest paid or credited to the account being reported for the calendar year.
taxmap/instr2/i8966-005.htm#TXMR095c6b26
taxmap/instr2/i8966-005.htm#TXMP09f65741
Line 4b.(p9)
rule
Enter the aggregate gross amount of dividends paid or credited with respect to an account being reported for the calendar year.
taxmap/instr2/i8966-005.htm#TXMRa53192f8
taxmap/instr2/i8966-005.htm#TXMP414e40ff
Line 4c.(p9)
rule
Enter the aggregate gross proceeds from the sale or redemption of property paid or credited to the account being reported for the calendar year.
taxmap/instr2/i8966-005.htm#TXMR0291f29f
taxmap/instr2/i8966-005.htm#TXMP6d302759
Line 4d.(p9)
rule
Enter the aggregate gross amount of all income paid or credited to an account for the calendar year, reduced by interest, dividends, and gross proceeds reported on lines 4a through 4c. For accounts described in Regulations sections 1.1471-5(b)(1)(iii) (certain debt or equity interests) or 1.1471-5(b)(1)(iv) (certain cash value insurance contracts and annuity contracts), enter the aggregate gross amounts paid or credited to the account during the calendar year, including payments in redemption (in whole or part) of the account.
taxtip
If an account is closed or transferred in its entirety by an account holder during a calendar year, report the amounts paid or credited to the account for the calendar year until the date of transfer or closure, and the amount or value withdrawn or transferred from the account in connection with the closure or transfer. See Regulations section 1.1471-4(d)(4)(iv)(D).
taxmap/instr2/i8966-005.htm#TXMR27265164
taxmap/instr2/i8966-005.htm#TXMP267c84cd
Withholding agents.(p9)
rule
A withholding agent that is not an FFI should enter the following information on lines 1 through 4d in connection with withholdable payments made to:
taxmap/instr2/i8966-005.htm#TXMR6db18a7f
taxmap/instr2/i8966-005.htm#TXMP3a301578
Line 1.(p9)
rule
If the payment is made to an account, enter the account number on line 1. If the payment is not made to an account maintained by the payor, enter NANUM for no account number.
taxmap/instr2/i8966-005.htm#TXMRb9272034
taxmap/instr2/i8966-005.htm#TXMP370433ca
Line 2.(p9)
rule
If the amounts reported in lines 3 through 4d are not reported in U.S. dollars, enter the code for the currency in which the amounts are reported.
taxmap/instr2/i8966-005.htm#TXMR3615ffbc
taxmap/instr2/i8966-005.htm#TXMP47db9778
Line 3.(p9)
rule
With respect to an account held by an ODFFI, enter the average calendar year account balance or value if that amount is reported to the account holder. Otherwise, report the account balance or value as of the end of the calendar year. See Regulations section 1.1471-5(b)(4) for detailed rules for determining an account’s balance or value. If the account holder is a passive NFFE, do not enter any information on this line.
taxmap/instr2/i8966-005.htm#TXMRb7c5ad79
taxmap/instr2/i8966-005.htm#TXMP78222a39
Line 4a.(p9)
rule
Enter the aggregate gross amount of interest paid (or credited to the payee’s account) that is a withholdable payment for the calendar year.
taxmap/instr2/i8966-005.htm#TXMRe320d72b
taxmap/instr2/i8966-005.htm#TXMP41764bff
Line 4b.(p9)
rule
Enter the aggregate gross amount of dividends paid (or credited to the payee’s account) that is a withholdable payment for the calendar year.
taxmap/instr2/i8966-005.htm#TXMR5c015595
taxmap/instr2/i8966-005.htm#TXMP5e43a65a
Line 4c.(p9)
rule
Enter the aggregate gross proceeds paid (or credited to the payee’s account) that is a withholdable payment for the calendar year.
taxmap/instr2/i8966-005.htm#TXMR94fa2f65
taxmap/instr2/i8966-005.htm#TXMP502dac5e
Line 4d.(p9)
rule
Enter the aggregate gross amount of all income paid (or credited to the payee’s account) that is a withholdable payment for the calendar year, reduced by interest, dividends, and gross proceeds reported on lines 4a through 4c.
taxmap/instr2/i8966-005.htm#TXMR792a06cc

taxmap/instr2/i8966-005.htm#TXMP0526b4d7
Direct Reporting NFFEs and Sponsored Direct Reporting NFFEs(p9)

rule
If you are a Direct Reporting NFFE or a Sponsoring Entity filing Form 8966 on behalf of a Sponsored Direct Reporting NFFE, complete lines 1 through 4d as follows:
taxmap/instr2/i8966-005.htm#TXMR1a1b8618
taxmap/instr2/i8966-005.htm#TXMP6455431e
Lines 1 and 2.(p9)
rule
Do not enter any information on lines 1 and 2.
taxmap/instr2/i8966-005.htm#TXMR7efe63e6
taxmap/instr2/i8966-005.htm#TXMP7f3ef01b
Line 3.(p9)
rule
Enter the value of equity interest in the NFFE of the substantial U.S. owner identified in Part III.
taxmap/instr2/i8966-005.htm#TXMRbb9dc17f
taxmap/instr2/i8966-005.htm#TXMP6caaad7a
Lines 4a through 4d.(p9)
rule
Enter the total of all payments made by the NFFE during the calendar year to the substantial U.S. owner identified in Part III (either divided by type of payment or as one amount on line 4d), including the gross amounts paid or credited to the substantial U.S. owner with respect to such owner’s equity interest in the NFFE during the calendar year, which include payments in redemption or liquidation (in whole or part) of the substantial U.S. owner’s equity interest in the NFFE.
taxmap/instr2/i8966-005.htm#TXMR332e945a

taxmap/instr2/i8966-005.htm#TXMP4056f8de
Part V – Pooled Reporting Type(p9)

rule
See the chart at Specific Instructions and Special instructions for filers not specifically listed in chart, earlier, before you begin this part to determine whether you are required to complete Part V.
If you are a PFFI, use Part V to report information about the accounts held by recalcitrant account holders (or, for Reporting Model 2 FFIs, non-consenting U.S. accounts) and nonparticipating FFIs you are reporting on a pooled basis. If you are required to report more than one type of pooled reporting accounts, file a separate Form 8966 for each type.
caution
Direct Reporting NFFEs and Sponsored Direct Reporting NFFEs. Do not complete Part V.
taxmap/instr2/i8966-005.htm#TXMRced3c3aa
taxmap/instr2/i8966-005.htm#TXMP4628de18
Lines 1 through 5.(p9)
rule
Complete lines 1 through 5 as follows to report information about accounts for which pooled reporting is permitted. A PFFI is not required to complete line 3 for accounts held by recalcitrant account holders (or non-consenting U.S. accounts).
taxmap/instr2/i8966-005.htm#TXMR5f5f3f36
taxmap/instr2/i8966-005.htm#TXMP61632d57
Line 1.(p9)
rule
Check the appropriate box for the applicable Pooled Reporting Type. See Accounts and Withholdable Payments Required To Be Reported: Accounts for Which Pooled Reporting is Permitted for the categories of pooled reporting accounts.
taxtip
For calendar years 2015 and 2016, if a PFFI is prohibited under domestic law from reporting a nonparticipating FFI on a specific payee basis without consent from the nonparticipating FFI account holder and the PFFI has not been able to obtain such consent, the PFFI may report such accounts in a pool. See Regulations section 1.1471-4(d)(2)(ii)(F).
taxtip
For pooled reporting of non-consenting U.S. accounts, report the type substituting non-consenting U.S. account for recalcitrant account.
taxmap/instr2/i8966-005.htm#TXMRdc265519
taxmap/instr2/i8966-005.htm#TXMP2730e3e6
Line 2.(p9)
rule
Enter the total number of accounts reported in Part V.
taxmap/instr2/i8966-005.htm#TXMR00be9805
taxmap/instr2/i8966-005.htm#TXMP6729dcae
Line 3.(p9)
rule
Only complete line 3 if you are reporting accounts held by nonparticipating FFIs.
taxtip
For calendar years 2015 and 2016, if you are reporting accounts held by nonparticipating FFIs, enter the aggregate amount of foreign reportable amounts paid (or credited) to the accounts reported in Part V. See the definition of foreign reportable amount, earlier. Instead of reporting foreign reportable amounts, you may report all income, gross proceeds, and redemptions (irrespective of source) paid to the accounts reported in Part V during the calendar year.
You are not required to complete line 3 for accounts held by recalcitrant account holders (or non-consenting U.S. accounts).
taxmap/instr2/i8966-005.htm#TXMRc5b9dcde
taxmap/instr2/i8966-005.htm#TXMP3070eae8
Line 4.(p9)
rule
Enter the aggregate balance of the accounts reported in Part V.
taxmap/instr2/i8966-005.htm#TXMRfbc016ef
taxmap/instr2/i8966-005.htm#TXMP2dec9624
Line 5.(p9)
rule
If the amounts reported in lines 3 and 4 (to the extent applicable) are not reported in U.S. dollars, enter the code for the currency in which the amounts are reported.