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Department of Taxation and FinanceInstructions for Form IT637Alternative Fuels and Electric Vehicle Recharging Property CreditIT637ITax Law Article 22, Section 606(p)General information tax years
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What is form it-637-i?
Form IT-637-i is a tax form used for reporting information related to foreign bank accounts.
Who is required to file form it-637-i?
US taxpayers who have financial interest in or signature authority over foreign bank accounts with an aggregate value over $10,000 at any time during the year.
How to fill out form it-637-i?
Form IT-637-i can be filled out electronically or manually, and the required information includes the account number, name of the financial institution, maximum value during the year, and other relevant details.
What is the purpose of form it-637-i?
The purpose of form IT-637-i is to report foreign bank accounts to comply with US tax laws and prevent tax evasion.
What information must be reported on form it-637-i?
Information such as the account number, name of the financial institution, maximum value during the year, and details of foreign financial assets must be reported on form IT-637-i.
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