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How a St. Croix Foundation DonorAdvised Fund Can Work For YOU What is the St. Croix Foundation (SF), and How Do DonorAdvised Funds Work? SF is a registered 501 (c) (3) public charity with a mission
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How a St. Croix is a tax form used to report foreign financial assets held by U.S. taxpayers.
U.S. taxpayers who meet certain thresholds for the value of their foreign financial assets are required to file Form 8938, also known as How a St. Croix.
To fill out Form 8938, taxpayers need to provide information about their foreign financial assets such as the type of asset, its value, and the foreign financial institution where it is held.
The purpose of Form 8938 is to help the IRS identify taxpayers who may be underreporting income from foreign financial assets and to combat tax evasion.
Taxpayers must report information about their foreign financial assets such as bank accounts, stocks, and securities held outside the U.S.
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