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What is w10458809bfm?
W10458809bfm is a tax form used for reporting foreign bank and financial accounts.
Who is required to file w10458809bfm?
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts exceeding certain thresholds is required to file w10458809bfm.
How to fill out w10458809bfm?
W10458809bfm can be filled out online or submitted through mail. It requires detailed information about the foreign financial accounts including the account number, name of the financial institution, and maximum account value for the reporting year.
What is the purpose of w10458809bfm?
The purpose of w10458809bfm is to combat tax evasion by providing the IRS with information about foreign financial accounts held by U.S. persons.
What information must be reported on w10458809bfm?
Information such as the account number, name of the financial institution, maximum account value for the reporting year, and any other required details about the foreign financial accounts must be reported on w10458809bfm.
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