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What is arm streamline?

Arm streamline is a simplified process for certain taxpayers to report their foreign financial assets.

Who is required to file arm streamline?

Taxpayers who have failed to report their foreign financial assets and meet the eligibility requirements.

How to fill out arm streamline?

Taxpayers can fill out arm streamline by submitting Form 14654 along with all required information.

What is the purpose of arm streamline?

The purpose of arm streamline is to allow eligible taxpayers to come into compliance with their reporting requirements for foreign financial assets.

What information must be reported on arm streamline?

Taxpayers must report information about their foreign financial accounts, including the maximum value during the reporting period.

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