Fbar fincen form 114 - Study guides, Class notes & Summaries

Prior Year Return - correct answer helps prevent gross mathematical errors, identify significant changes AND comparison should result in similar amounts and tax liability or refund. Biographical Info. - correct answer DOB, age, marital status and dependents Nationality - correct answer Citizen, resident alien (green card test or substantial presence) or non-resident alien Determine if Individual or Business - correct answer Personal, Living or Family expenses NOT deductible Non-deduc...

IRS EA Exam 1 – Individuals Questions And Answers With Verified Solutions Already Passed!!!

EA Exam 1 – Review Questions With Correct Answers Form 8938 if the total value of those assets exceeds $---- on the last day of the tax year or $--- at any time during the tax year. Attach Form 8938 to your annual return and file by . - answer$50k on last day or $75k at any time File with return by the due date (including extensions) for that return FinCen 114 - answerFile F BAR if -INTEREST in or signature or other authority over a financial account located outside the U.S., -or owned...