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What is you have form right?

This form is used to report certain types of income, such as interest, dividends, and foreign accounts.

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Individuals and entities who receive reportable income or have foreign financial accounts are required to file this form.

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The purpose of this form is to ensure that all reportable income and foreign accounts are properly disclosed to the IRS for tax compliance.

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Information such as income amounts, account numbers, and foreign financial institution details must be reported on this form.