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11 ICI 'II “1. IFR;!, II 'I, 1 'From: I’t(CI To: Fall Com pliancy Office1 I. C, :0 “r: “(:I. “. , I, .... 1, :. '. C ::, ...; l.i l LI!, ; 'I J ', I, II : ', ) “Subject: FER PA Comply
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Individuals who are required to report their income and pay taxes need to fill out form 11-i. This typically includes individuals who earn income from sources such as employment, self-employment, investments, or rental properties. It also applies to those who have received income from foreign sources or have certain tax credits or deductions to claim. Filling out form 11-i is necessary to comply with tax regulations and ensure accurate reporting of income and tax liabilities.
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What is 11-i?
11-i is a form used for reporting information related to foreign bank accounts.
Who is required to file 11-i?
US citizens, residents, and certain non-residents who have financial interest in or signature authority over foreign bank accounts are required to file 11-i.
How to fill out 11-i?
11-i can be filled out electronically through the FinCEN website or by mailing a paper form to the address provided on the form.
What is the purpose of 11-i?
The purpose of 11-i is to report foreign bank accounts and comply with US tax laws and regulations regarding foreign financial accounts.
What information must be reported on 11-i?
11-i requires information such as the name of the foreign financial institution, the account number, the maximum value during the year, and the account holder's information.
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