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Ffi HI ski FFI[I *IH FFI :H E fgffiffiN&ffiALIA RI;IR\”RI, i.\'. R:l:i, \':.iii’t;tr\'i,.\'i, ri.:1.i, :_!;:i., \', i::, \"’t, ..., !.,,,.;i\'\'r.will:, .\'i\'RR.iIrtrtu HU A1 J 5i5s.::I’t 1ty\'. .ttl×r* Fate?6(10ir LUFF

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What is ffi l l type?

FFI LL type refers to the Form 8938, Statement of Specified Foreign Financial Assets, which is required for certain U.S. taxpayers to report their foreign financial accounts and assets.

Who is required to file ffi l l type?

U.S. taxpayers who have an interest in specified foreign financial assets and whose total value exceeds certain thresholds are required to file Form 8938.

How to fill out ffi l l type?

To fill out Form 8938, taxpayers must provide details such as their personal information, the type of specified foreign financial assets, their maximum values during the tax year, and specifics about the accounts or assets.

What is the purpose of ffi l l type?

The purpose of Form 8938 is to disclose foreign financial assets to the IRS to ensure compliance with U.S. tax laws and to prevent tax evasion.

What information must be reported on ffi l l type?

Taxpayers must report information including the type of asset, the identifying information of the financial institution, the maximum value during the year, and any income generated from the assets.

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