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Peter Baehr D is a financial form used to report assets held by a taxpayer abroad.
Any individual or entity that holds foreign financial accounts with an aggregate value exceeding $10,000 at any time during the year must file Peter Baehr D.
Peter Baehr D can be filled out online using the official form provided by the Internal Revenue Service (IRS). It requires information about the account holder, the financial institution holding the account, and the details of the foreign accounts.
The purpose of Peter Baehr D is to disclose foreign financial accounts and assets held by U.S. taxpayers in order to prevent tax evasion and money laundering.
On Peter Baehr D, the taxpayer must report the maximum value of each foreign account during the year, the account number, the name of the financial institution, and other relevant details.
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