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2011 I (105) I. Listening Comprehension Section A Directions: In Section A;you will hear ten short conversations between two speakers. At the end of each conversation, a question will be asked about
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i 105 is a form used for reporting foreign bank accounts.
Any U.S. person who has 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.
The i 105 form can be filled out online or by mail. The filer must provide information about their foreign financial accounts, including the name of the financial institution, account number, and maximum value during the year.
The purpose of i 105 is to report foreign financial accounts and ensure compliance with tax laws regarding foreign income.
Information such as the name of the financial institution, account number, type of account, and maximum value of the account during the year.
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