About this application

  • This is not an official IRS application
  • This application is meant as a tool to help make reporting easier
  • This application is made with help of the IRS guide lines which can be found on https://www.irs.gov/pub/irs-utl/Pub5124UserGuide.pdf
  • This application will not 100% guarantee success for reports.
  • The data and it's contents uploaded in this application is the responsibility of the reporting organization and it's department
  • The end product should be verified by the main department responsible for FATCA reporting and information regarding the layout can be found in the above mentioned guide line
  • A valid xml will not guarantee no errors because the FatcaXML_v2.0.xsd schema can always be updated on the IDES portal and not all validation can be defined within this application. See also https://www.irs.gov/businesses/corporations/irs-fatca-report-notifications-frequently-asked-questions
  • This application does not encrypt and compress the generated XML file
  • This application does not decrypt and extract notification files from the IDES portal
For more information visit : https://www.irs.gov/businesses/corporations/fatca-xml-schemas-and-business-rules-for-form-8966

  • The developer of this program has no legal or compliance knowledge of IRS reporting
  • The developer is only responsible for creating this application which in turn creates the xml file which should also be checked if it complies by the legal department
  • The developer cannot be held responsible for incorrect data uploaded in this application