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FBA PART III Using the Competing Pathway Diagram to Prepare for Behavior Support Planning March 28, 2014, AGENDA Graphing your Data ABC Analyses Establishing Baseline Monitoring Progress Other Analyses/Assessment
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FBA Part III is a section of the Foreign Bank Account Report (FBAR) form where individuals report their signature or other authority over foreign financial accounts.
Any individual who has signature authority or other authority over foreign financial accounts totaling more than $10,000 at any time during the calendar year is required to file FBA Part III.
FBA Part III must be filled out by providing information about the foreign financial accounts, including the account number, name of the financial institution, maximum value of the account during the year, and other relevant details.
The purpose of FBA Part III is to ensure that individuals with authority over foreign financial accounts report this information to the IRS to combat tax evasion and money laundering.
Information such as the account number, name of the financial institution, maximum value of the account during the year, and the type of account must be reported on FBA Part III.
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