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foreign ownership of partnership interest by us citizen
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PODW4444
Level 3
08-15-2023
08:38 AM
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how do i reflect on form 114 FBAR A 25,000 interest in foreign partnership ?
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sjrcpa
Level 15
08-15-2023
09:29 AM
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You don't, unless your client has signature authority over the partnership bank account or controls the partnership. But, it may need to be reported on 8938 or some other forms.
Ex-AllStar
