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Form990EZDepartment of the Treasury Internal Revenue Service Short Form Return of Organization Exempt From Income Tax OMB No 15451150Under section 501 (c), 527, or 4947(a)(1) of the Internal Revenue
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Form FIA is a form used to report certain information to the relevant authorities regarding foreign assets, accounts, or investments held by U.S. citizens and residents.
Individuals and entities that meet specific thresholds of foreign financial assets are required to file Form FIA, including U.S. citizens, residents, and certain entities.
To fill out Form FIA, you need to gather information about your foreign financial assets, complete the sections of the form that apply to your assets, and provide the required identifying information.
The purpose of Form FIA is to ensure compliance with U.S. tax laws by reporting foreign financial accounts and transactions, thereby preventing tax evasion.
Form FIA requires reporting information such as details of foreign bank accounts, securities, and other foreign financial assets, as well as the maximum values of these assets during the reporting period.
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