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FINAL BILL REPORT ESB 1494 C 357 L 11 Synopses as Enacted Brief Description: Concerning vulnerable adult referral agencies. Sponsors: House Committee on Health Care & Wellness (originally sponsored
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What is c 357 l 11?
C 357 L 11 is a form used to report foreign financial accounts held by U.S. taxpayers.
Who is required to file c 357 l 11?
Any U.S. taxpayer who has a financial interest in or signature authority over foreign financial accounts must file c 357 l 11.
How to fill out c 357 l 11?
C 357 L 11 can be filled out online on the IRS website or through tax preparation software. It requires information about the taxpayer's foreign financial accounts.
What is the purpose of c 357 l 11?
The purpose of c 357 l 11 is to report foreign financial accounts to the U.S. government in order to prevent tax evasion and money laundering.
What information must be reported on c 357 l 11?
Taxpayers must report the name of the financial institution, the account number, the maximum value of the account during the year, and other relevant details.
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