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KAY LUNCH MEMORIAL SCHOLARSHIP DESCRIPTION The family of Kay Lunch has established a scholarship in memory of their wife and mother. The Lexington Community Foundation will administer the $500 annual
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Kay linch is a form used to report information about foreign bank accounts held by US taxpayers.
Any US person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value of over $10,000 at any time during the calendar year is required to file Kay linch.
To fill out Kay linch, taxpayers need to provide information about the foreign financial accounts they hold, including the maximum value of each account during the reporting year.
The purpose of Kay linch is to help the US government identify taxpayers who may be using foreign accounts to evade taxes.
Information such as the name and address of the financial institution where the account is held, the account number, and the maximum value of the account during the reporting year must be reported on Kay linch.
The deadline to file Kay linch in 2024 is April 15th.
The penalty for the late filing of Kay linch can be up to $10,000 per violation.
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