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E B AG R A t G 15 h OUR BER Y T EM BOU SEPT D A A Y FO RE SE NT IN DID B A E A E PL ORT E NE P I'm SONS REV IC The SERENEST STD U.S. POSTAGE PAID MELROSE PARK, IL PERMIT NO. 50Prairieland Disposal

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What is b ag?

B ag is a form used to report financial information to the Internal Revenue Service (IRS) regarding certain foreign accounts held by U.S. taxpayers.

Who is required to file b ag?

U.S. taxpayers who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file b ag.

How to fill out b ag?

B ag can be filled out electronically using the FinCEN Form 114 through the BSA E-Filing System.

What is the purpose of b ag?

The purpose of b ag is to combat tax evasion by providing the IRS with information about foreign financial accounts held by U.S. taxpayers.

What information must be reported on b ag?

B ag requires taxpayers to report detailed information about each foreign financial account, including the account's maximum value during the year, the account number, and the name and address of the financial institution.

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