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2016 1 20 23 2015 1 20 23

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Start by entering the current date on the designated field. In this case, it would be January 20, 2016 (01/20/2016).

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What is 1 20 23?

1 20 23 refers to the form used by individuals or entities to report foreign accounts to the IRS.

Who is required to file 1 20 23?

Any US 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 calendar year.

How to fill out 1 20 23?

The form requires information about the account, including the account number, name and address of the foreign financial institution, and the maximum value of the account during the year.

What is the purpose of 1 20 23?

The purpose of form 1 20 23 is to report foreign financial accounts to the IRS in order to prevent tax evasion.

What information must be reported on 1 20 23?

The form requires details about the account holder, the foreign financial institution, and the account itself.

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