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VA Tax Certificate to Accompany Fiduciary Accounts free printable template

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TAX CERTIFICATE TO ACCOMPANY FIDUCIARY ACCOUNTS PURSUANT TO VIRGINIA CODE 58. 1-23 Every personal representative before settling the estate in his hands shall make inquiry of the treasurer of the county or city wherein the decedent last resided and of the Department with respect to any unpaid taxes and levies assessed against his decedent. Estate of Date Having read the foregoing sections of the Code of Virginia 1950 fiduciary ies of the aforementioned estate do certify that I we have made...
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How to fill out tax accompany form

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How to fill out VA Tax Certificate to Accompany Fiduciary Accounts

01
Obtain the VA Tax Certificate form from the official Virginia Department of Taxation website or your local tax office.
02
Fill in the fiduciary's name, address, and Tax Identification Number (TIN) at the top of the form.
03
Indicate the period for which the fiduciary accounts are being filed.
04
Provide information about the estate or trust, including its name and any relevant identification numbers.
05
List all income sources and expenses relevant to the fiduciary accounts.
06
Ensure all required signatures are present, including that of the fiduciary or the authorized representative.
07
Review the completed form for accuracy and completeness before submission.
08
Submit the VA Tax Certificate along with the fiduciary accounts to the appropriate Virginia tax authority.

Who needs VA Tax Certificate to Accompany Fiduciary Accounts?

01
Fiduciaries managing estates or trusts in Virginia need the VA Tax Certificate.
02
Tax professionals or accountants preparing fiduciary tax filings may also require the VA Tax Certificate for compliance.
03
Beneficiaries of estates or trusts may need it to understand the tax obligations related to the fiduciary accounts.
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The VA Tax Certificate to Accompany Fiduciary Accounts is a document required by the Virginia Department of Taxation that certifies the tax status of fiduciary accounts, ensuring that the correct taxes are assessed and paid.
Individuals or entities managing fiduciary accounts, such as trustees or estate administrators, are required to file the VA Tax Certificate to ensure compliance with state tax obligations.
To fill out the VA Tax Certificate, provide accurate information regarding the fiduciary account, including the names of the fiduciaries and beneficiaries, account balances, and any relevant tax identification numbers.
The purpose of the VA Tax Certificate is to verify that all necessary taxes on the fiduciary account have been addressed, helping to maintain compliance with state tax laws.
The information that must be reported includes the fiduciary's name, the name of the estate or trust, tax identification numbers, income amounts, deductions, and any taxes paid or owed.
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