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IAC Ch 22, p.1 871 22.4(96) Reporting of earnings data on magnetic media. 22.4(1)? Employers may, in lieu of the individual wage item listing on Form 65-5300, Employer s Contribution and Payroll Report,

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496 reporting of earnings is a form used to report income earned by an individual or business.

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Anyone who has earned income during the tax year is required to file 496 reporting of earnings.

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The purpose of 496 reporting of earnings is to accurately report income earned and ensure compliance with tax laws.

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Information such as income earned, deductions, expenses, and other financial details must be reported on 496 reporting of earnings.

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