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Publication 551 (Rev. December 2014) Department of the Treasury Internal Revenue Service Contents Cat. No. 15094C Reminder. . . . . . . . . . . . . . . . . . . . 1 Basis of Assets Introduction. .

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What is publication 551 rev december?

Publication 551 provides information on the basis of assets for individuals who have received property in a variety of transactions.

Who is required to file publication 551 rev december?

Taxpayers who have received property as a gift or inheritance, or who have transactions involving assets, may be required to file Publication 551.

How to fill out publication 551 rev december?

Taxpayers can follow the instructions provided in the publication and use the relevant forms to report the necessary information regarding their assets and transactions.

What is the purpose of publication 551 rev december?

The purpose of Publication 551 is to help taxpayers determine the correct basis of their assets for tax purposes.

What information must be reported on publication 551 rev december?

Taxpayers must report information related to the basis of their assets, including details of any transactions involving property or assets.

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