Form 8938 West Valley City Utah 2021-2025

Form 8938 West Valley City Utah: What You Should Know

The report includes: •  • Cash flow statements •  •  General information •  •  •  Corporate information, including any agreements between us and our employees •  •  •  •  Information about the City and County •  •  •  Other information (information you voluntarily provided as part of the application process) •  •  •  Note: You must complete all fields on  (the second box in the example: “How did you hear about us: online, local, or a newspaper?”) General Instructions.   Required by law, we use a credit bureau to determine your creditworthiness, and then we use that information to place you in or out of credit programs as we deem appropriate based on your history and financial situation. When you open a new account, report: •  Your marital, financial, and other information. •  Your address in the United States. •  All accounts and amounts under 10,000. (A 10,000 balance under a 10,000 limit can be reported as a loan on a Form 1098-C issued by the Internal Revenue Service.) Any payments with a balance that is 10,000 or less can be reported as a payment from an employer unless that employer provides us with a letter that includes all the information listed above for each payment or a written certification that it does not provide payments. Payments from us to you will automatically be included as a payment from our employer. When you close an account, report: •  The name, address, phone numbers, date of birth, and Social Security number of the account holder or of your other named designated payee. •  Payments you have received by check, money order, traveler's check and/or the like. •  Direct deposits into your bank accounts. •  Accounts you have maintained, and deposits since you last reported an account. •  If you are a spouse or domestic partner, include the name and income for each partner. Taxes. Taxes are generally due automatically, usually on a monthly or quarterly basis. Taxpayers should file their federal tax returns on time. You may file Form 1040, U.S. Individual Income Tax Return, to report your federal income taxes and withholding. See “Forms for reporting Individual Income Taxes.

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