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Changing Tides History of CRUISING THE DENMARK Baltic Sea P Öland E ESTONIA R RUSSIA F INLAND S SWEDEN Featuring Guest Speakers LECH WALESA Former President of Poland and JOHN COCHRAN Former NBC
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What is f inland?
F inland refers to the Foreign Account Tax Compliance Act (FATCA) form that certain U.S. taxpayers holding foreign financial assets are required to file with the IRS.
Who is required to file f inland?
U.S. taxpayers who have specified foreign financial assets that exceed certain thresholds are required to file Form 8938 (F inland) with the IRS.
How to fill out f inland?
To fill out f inland (Form 8938), taxpayers need to provide information about their foreign financial assets, including account numbers, maximum value during the year, and the income generated from these assets.
What is the purpose of f inland?
The purpose of f inland (Form 8938) is to help the IRS identify U.S. taxpayers who have foreign financial assets and ensure compliance with tax laws related to these assets.
What information must be reported on f inland?
On f inland (Form 8938), taxpayers must report information about their specified foreign financial assets, including bank accounts, brokerage accounts, and certain foreign investments.
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