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Individuals who are required to report their income, expenses, and deductions for tax purposes need to fill out form 102 places that will.

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What is 102 places that will?

102 places that will is a form used to report any foreign financial accounts held by U.S. taxpayers.

Who is required to file 102 places that will?

Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.

How to fill out 102 places that will?

The form 102 places that will can be filled out electronically through the FinCEN BSA E-Filing System.

What is the purpose of 102 places that will?

The purpose of 102 places that will is to identify and combat money laundering and tax evasion by ensuring that U.S. taxpayers report their foreign financial accounts to the IRS.

What information must be reported on 102 places that will?

The form requires the disclosure of the account holder's name, address, type of account, maximum value of the account during the year, and the financial institution where the account is held.

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