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Us Tax Payers, Did You See This?


stevehaigh

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http://business.blogs.cnn.com/2009/10/04/t...xpayers-abroad/

there's always been a rule about declaring money in foreign bank accounts so i guess this isn't new. but in this article it says 'Sure, filing the TDF 90-22.1 form isn’t a new requirement. However, because of the crackdown on tax evaders by governments worldwide, including the United States, the IRS is tightening its rules on offshore accounts.'

since people with married or retirement extensions must have at least that amount to qualify, i guess you better get filing.

steve

P.S.

the cnn article says you have until Oct 15 to file but the irs website says 'This report must be filed on or

before June 30'

Edited by stevehaigh
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