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FR Y6 0MB Number 71000297 Approval expires November 30, 2025 Page 1 of3Board of Governors of the Federal Reserve SystemReport at the close of business as of the end of fiscal year This report is required
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DFFINA 7 II is a specific form used for reporting foreign financial interests and transactions for U.S. taxpayers.
U.S. taxpayers with foreign financial accounts or interests that exceed certain thresholds are required to file DFFINA 7 II.
To fill out DFFINA 7 II, taxpayers must provide detailed information about their foreign financial accounts, including account numbers, names of institutions, and maximum values during the reporting period.
The purpose of DFFINA 7 II is to ensure compliance with U.S. tax laws regarding foreign financial assets and to report foreign financial transactions to the IRS.
The form requires reporting information such as account numbers, financial institution names, the type of account, and the maximum value of the account during the year.
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