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LAW OFFICES OF ROLLING J. SOS KIN & ASSOCIATES, LTD. A Full Service Law Firm Protecting Your Assets Now and for Future Generations 300 Knights bridge Parkway, Suite 100 Lincolnshire, Illinois 60069
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What is soskin amp?
Soskin amp stands for Statement of Specified Foreign Financial Assets and it is a form required to be filled out by certain individuals who have foreign financial assets that meet a certain threshold.
Who is required to file soskin amp?
Individuals who meet the threshold for foreign financial assets are required to file the Soskin amp form. This includes US citizens, resident aliens, and certain nonresident aliens.
How to fill out soskin amp?
The Soskin amp form can be filled out electronically through the IRS website or manually by printing and mailing the form. It is important to accurately report all required information.
What is the purpose of soskin amp?
The purpose of the Soskin amp form is to report foreign financial assets that may not be reported on other tax forms. This helps the IRS track income and assets held overseas.
What information must be reported on soskin amp?
The Soskin amp requires information such as the type of foreign financial asset, the maximum value during the tax year, and the specific location of the asset.
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