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Statistics for Business Spring 2014 Exam 1 Feb. 21 100 points CALCULATION DIRECTIONS: Carry all calculations to at least four decimal places. 1. Bubble Sheet: (a) Write and bubble your Name (last

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How to fill out 21 100 points?

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What is 21 100 points?

21 100 points is a form used to report certain foreign financial accounts to the IRS.

Who is required to file 21 100 points?

Any U.S. 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 year.

How to fill out 21 100 points?

Form 21 100 points can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of 21 100 points?

The purpose of 21 100 points is to combat money laundering and tax evasion by providing the IRS with information about foreign financial accounts held by U.S. persons.

What information must be reported on 21 100 points?

The form requires information such as the account holder's name, address, account number, and the maximum value of the account during the reporting period.

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