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F E B R UA R Y, 2 0 2 2WHATS INSIDE 02 DIRECTORS THOUGHTS 03 LCC INFORMATION 04 LCC AND COVID-19 INFO 05 HEALTH AND FITNESS 06 HEALTH AND FITNESS 07 FRIENDS AND NEIGHBORS 08 ACTIVITY CALENDAR 09 FUN
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What is f e b r?
FEAR stands for Foreign Bank and Financial Accounts Report.
Who is required to file f e b r?
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 year is required to file FEAR.
How to fill out f e b r?
FEAR can be filled out electronically through the FinCEN website or by mail using Form 114.
What is the purpose of f e b r?
The purpose of FEAR is to combat tax evasion by providing information to the IRS about foreign financial accounts held by U.S. persons.
What information must be reported on f e b r?
FEAR requires information about the account holder, the financial institution where the account is held, and details about the account balance.
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