The IRS is coming up with a proliferation of new rules and reporting requirements. FATCA legislation introduced Form 8938 to duplicate the Bank Secrecy Acts’ unconstitutional FBAR. Then the US announced both KFOR and FCTR. Now there is a new tax form requiring that man’s best friends of US origin also file a 1040-K9 (NS) (via :@FATCAed):
The IRS will also be introducing line 20b to the revised 1040NS for all Americans abroad. I wonder how ACA (@ACAVoice) will respond to that.