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CAUTION

Direct Reporting NFFEs and Sponsored Direct Reporting NFFEs. Do not complete Part V.

Lines 1 through 5. Complete lines 1, 2, 4, and 5 as follows to report information about accounts for which pooled reporting is permitted. Do not complete line 3.

Line 1. Check the appropriate box for the applicable pooled reporting type. See Accounts and Withholdable Payments Required To Be Reported for which pooled reporting is permitted for the categories of pooled reporting accounts.

If you are a Reporting Model 2 FFI reporting a

TIP preexisting account that is a non-consenting U.S.

account, use the pooled reporting category for recalcitrant account holders that are U.S. persons or recalcitrant account holders with U.S. indicia (if the Reporting Model 2 FFI treats the account as a U.S. account based on U.S. indicia, as permitted under Annex I of the Model 2 IGA). If you are a Reporting Model 2 FFI reporting a new individual account that has a change in circumstances that causes you to know or have reason to know that the original self-certification is incorrect or unreliable and you are unable to obtain a valid self-certification establishing whether the account holder is a U.S. citizen or resident, use the pooled reporting category for recalcitrant account holders with U.S. indicia.

Line 2. Enter the total number of accounts reported in Part V.

Line 3. Do not complete this line.

12 Instructions for Form 8966 (2025)

Line 4. Enter the aggregate balance or value of the accounts held by recalcitrant account holders (or, for Reporting Model 2 FFIs, non-consenting U.S. accounts) at the end of the year.

Line 5. If the amounts reported on 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. The currency code must be a valid three-character ISO 4217 currency code. If the amounts are reported in U.S. dollars, enter “USD.”

Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United States. Chapter 4 of the Code requires certain withholding agents and foreign financial institutions to report information with respect to certain U.S. accounts, substantial U.S. owners of passive NFFEs, U.S. accounts held by owner-documented FFIs, and certain other accounts as applicable based on the filer’s chapter 4 status. Form 8966 is used to comply with this reporting requirement.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is 25 minutes.

If you have comments concerning the accuracy of this time estimate or suggestions for making this form simpler, we would be happy to hear from you. You can send us comments from IRS.gov/FormComments . Or you can write to Internal Revenue Service, Tax Forms and Publications,1111 Constitution Ave. NW, IR-6526, Washington, DC 20224. Do not send the form to this address. Instead, see When, How, and Where To File, earlier.

Instructions for Form 8966 (2025) 13