Form 6042: Fill & Download for Free

In 2010, FATCA was created to solve the problem of U.S. taxpayers with accounts at foreign financial institutions who did not report their foreign income.Some foreign financial institutions report information about the accounts of U.S. taxpayers to the IRS. These foreign financial institutions will prepare a Form 1099-INT for the U.S. taxpayer’s accounts and check the FATCA box on the form. Foreign financial institutions are penalized by the IRS if they do not agree to report.The U.S. taxpayer would then typically file Form 8938 if the value of those assets is more than the applicable reporting threshold. See the instructions for Form 8938 for those thresholds.I am usually pretty good at decryption of IRS rules and regulations, but these are dense! The above is a generality. See a tax accountant if you think any of the above or below might apply to you.According to the IRS instructions for Form 1099-INT:“Check the box if you are a U.S. payer that is reporting on Form(s) 1099 (including reporting payments in boxes 1, 3, 8, 9, and 10 on this Form 1099-INT) as part of satisfying your requirement to report with respect to a U.S. account for chapter 4 purposes as described in Regulations section 1.1471-4(d)(2)(iii)(A). In addition, check the box if you are an FFI reporting payments to a U.S. account pursuant to an election described in Regulations section 1.1471-4(d)(5)(i)(A).”Section 1.1471-4(d)(2)(iii)(A):“Participating FFIs that are U.S. payors (other than U.S. branches) shall be treated as having satisfied the chapter 4 reporting requirements described in paragraph (d)(2)(i) of this section with respect to accounts that the participating FFI is required to treat as U.S. accounts, or accounts held by owner-documented FFIs, if the participating FFI reports with respect to each such account either -(1) The information required by chapter 61 and described in paragraph (d)(5)(ii) or (d)(5)(iii) of this section; or(2) The information described in paragraph (d)(3)(ii), (d)(3)(iii), or (d)(3)(iv) of this section. However, such participating FFI that is required to report on such accounts under chapter 61 is not relieved of that obligation.”Section 1.1471–4(d)(5)(i)(A):“Except as otherwise provided in this paragraph (d)(5), a participating FFI may elect under section 1471(c)(2) and this paragraph (d)(5) to report under sections 6041, 6042, 6045, and 6049, as appropriate, with respect to any account required to be reported under this paragraph (d). Such reporting must be done as if such participating FFI were a U.S. payor and each holder of an account that is a specified U.S. person, passive NFFE that is a U.S. owned foreign entity, or owner-documented FFI were a payee who is an individual and citizen of the United States. If a participating FFI makes such an election, the FFI is required to report the information required under this paragraph (d)(5) with respect to each such U.S. account or account held by an owner-documented FFI, regardless of whether the account holder of such account qualifies as a recipient exempt from reporting by a payor or middleman under sections 6041, 6042, 6045, or 6049, including the reporting of payments made to such account of amounts that are subject to reporting under any of these sections. A participating FFI that elects to report an account under the election described in this paragraph (d)(5) is required to report the information described in paragraph (d)(5)(ii) or (iii) of this section for a calendar year regardless of whether a reportable payment was made to the U.S. account during the calendar year. A participating FFI that reports an account under the election described in this paragraph (d)(5) is not required to report the information described in paragraph (d)(3) of this section with respect to the account. The election under section 1471(c)(2) described in this paragraph (d)(5)(i)(A) does not apply to cash value insurance contracts or annuity contracts that are financial accounts described in § 1.1471-5(b)(1)(iv). See paragraph (d)(5)(i)(B) of this section for an election to report cash value insurance contracts or annuity contracts that are U.S. accounts held by specified U.S. persons in a manner similar to section 6047(d).”

The Bible does not seem to say how old the earth is. It does indicate that it is well over tens of thousands of years old though. The Bible does reveal that prehistoric life forms formed tens of thousands of years on the perhaps 4th if not 5th divine day that God took to prepare the earth for human habitation. This was over 40,000, earth, years ago. Humans were created during the sixth divine day, which was a few decades over 6,000 years ago. Modern scientists give different time frames but their methods of determining the passage of time are mostly based on false premises and do not take into account some unknown and misunderstood factors in nature, including the cosmos and physics.2017 - 1st century CE (AD) = 2016 Years1st century BCE (BC) - 4026 BCE (creation of Adam) = 4026 years (+ 2016 = 6042 years of the existence of mankind) The oldest writings of man found are only about 5,000 years old, not millions.Adam was created near the end of the sixth divine preparatory day (each day estimated as being 7,000 earth days long). The sixth divine day ended when Eve was created and married to Adam.The 6 (divine days) × 7,000 = 42,000 years after the earth was created. So life may have been on earth for at the longest 42,000 years but man only a few decades over 6,000 years of the latter part of that time.

Bob Marley (1945–1981) was one of the pioneers of Jamaican music called reggae and became well known world wide. In 1963, Marley formed the group, Bob Marley and the Wailers. They released their first album, THE WAILING WAILERS in 1965 that contained the single, “One Love/People Get Ready” that became a worldwide hit and made them a rising band in reggae. Their next album was made in London in 1971, THE BEST OF THE WAILERS. In 1974, the group disbanded after their albums, CATCH A FIRE and BURNIN’ was released in 1973. In 1974. Marley released a solo debut album, NATTY DREAD under the band’s name and received a positive reception as did Rastaman Vibration in 1976. He survived an assassination attempt in Jamaica after the release of the album and relocated to London. He recorded the album EXODUS in 1977 in London. His greatest hits album, LEGEND, was released in 1984 after his death in 1981 of melanoma. The album became the best -selling reggae album of all time.There have been other reggae artists since Marley. You can listen to reggae music on YouTube, Spotify, ITunes and other websites. (New remix 2019 reggae music.) Sirius XM radio channel 42 and dish network channel 6042 also carry reggae. Check out Google or Wikipedia for more info on reggae music.