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PRINTED: 04/30/2015
FORM APPROVEDDEPARTMENT OF HEALTH AND HUMAN SERVICES
CENTERS FOR MEDICARE & MEDICAID SERVICES
STATEMENT OF DEFICIENCIES
AND PLAN OF CORRECTION(X1) PROVIDER/SUPPLIER/CIA
IDENTIFICATION
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What is f 253?
Form 253 is a tax form used to report certain financial transactions and information related to foreign bank accounts by U.S. taxpayers.
Who is required to file f 253?
U.S. citizens, resident aliens, and certain non-resident aliens who have foreign bank accounts or transactions that exceed certain thresholds are required to file Form 253.
How to fill out f 253?
To fill out Form 253, taxpayers should provide their personal information, details of foreign accounts, and transaction amounts, ensuring accuracy and completeness of the information.
What is the purpose of f 253?
The purpose of Form 253 is to ensure compliance with U.S. tax laws by reporting foreign financial interests and preventing tax evasion.
What information must be reported on f 253?
Information required on Form 253 includes the taxpayer's name, address, the details of foreign bank accounts, the maximum account balance, and any foreign transactions.
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