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FORM FR 1224 MAKE CHECK OR MONEY ORDER TO: VILLAGE OF CENTERVILLE INCOME TAX DEPARTMENT PO BOX 57 Centerville OH 45887 BUSINESS 2008 INCOME TAX RETURN CENTERVILLE Fiscal Period Federal ID# to BusinessTelephone

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What is form fr 1224?

Form FR 1224 is a tax form used by individuals to report their foreign financial assets to the IRS.

Who is required to file form fr 1224?

Any U.S. person who has an interest in or signature authority over foreign financial accounts or assets with an aggregate value exceeding $50,000 is required to file Form FR 1224.

How to fill out form fr 1224?

Form FR 1224 can be filled out by providing information about the taxpayer, details of the foreign financial accounts or assets, and any income generated from them.

What is the purpose of form fr 1224?

The purpose of Form FR 1224 is to report foreign financial assets to the IRS in order to comply with tax obligations and prevent tax evasion.

What information must be reported on form fr 1224?

Information such as the taxpayer's personal details, details of the foreign financial accounts or assets, and any income generated from them must be reported on Form FR 1224.

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