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S C I E N T E M P C O R P. Medical Freezers Pharmacy Freezers Culture Storage Freezers Blood Storage/Blood Plasma Freezers Adhesive Storage Freezers Industrial/Manufacturing Freezers Flammable and

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What is s c i e?

s c i e stands for 'Specified Foreign Financial Assets' and refers to forms required by the IRS to report certain foreign assets by U.S. taxpayers.

Who is required to file s c i e?

U.S. taxpayers who have specified foreign financial assets that exceed certain thresholds must file s c i e.

How to fill out s c i e?

To fill out s c i e, taxpayers must report their foreign financial assets on Form 8938, providing details such as the type of assets, value, and income generated.

What is the purpose of s c i e?

The purpose of s c i e is to ensure compliance with U.S. laws regarding the reporting of foreign financial assets and to prevent tax evasion.

What information must be reported on s c i e?

Taxpayers must report information such as the type of specified foreign financial assets, account numbers, and maximum values during the tax year on their s c i e.

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