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Hem t is a tax form used to report information about certain financial accounts held outside the United States.
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U.S. citizens, resident aliens, and certain nonresident aliens who have an interest in specified foreign financial accounts are required to file hem t.
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The purpose of hem t is to help the IRS identify individuals who may be using foreign accounts to evade taxes.
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The information required on hem t includes the account number, name of the financial institution, and maximum value of the account during the year.
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