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Code Enforcement Officer Dale Bolt 898 E. Richmond, Suite 102 Giddings, Texas 78942 Office (979) 2128070/Cell (979)6762566 dale. Bolt co.lee.TX.commercial DEVELOPMENT Including Oil / Gas / Pipeline

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How to fill out 898 e

01

To fill out Form 898 E, follow these steps: 1. Start by entering your personal identification information, such as your name, address, and taxpayer identification number. 2. Indicate the tax year to which the form applies. 3. Provide details of your foreign trust, including its name and taxpayer identification number. 4. Disclose whether you were a grantor or transferor of the foreign trust. 5. Report any taxable income, deductions, and credits related to the foreign trust. 6. Include any additional information or attachments required to support your tax return. 7. Sign and date the form before submitting it to the IRS.

Who needs 898 e?

01

Form 898 E is used by individuals who have a financial interest in or signature authority over a foreign financial account, such as a bank account, brokerage account, or mutual fund.

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What is 898 e?

898 e refers to the form used to report information related to foreign accounts, assets, and financial transactions.

Who is required to file 898 e?

US persons, including individuals, corporations, partnerships, trusts, and estates, with foreign financial accounts exceeding certain thresholds are required to file 898 e.

How to fill out 898 e?

Form 898 e can be filled out electronically through the Financial Crimes Enforcement Network (FinCEN) website.

What is the purpose of 898 e?

The purpose of form 898 e is to help the US government combat money laundering, tax evasion, and other financial crimes by tracking foreign financial accounts and assets.

What information must be reported on 898 e?

The form requires reporting information such as the account holder's identification, account numbers, and maximum value of the account during the reporting period.

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