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IT-1140 P.O. Box 181140 Columbus, OH 43218-1140 Federal Employer Identification Number OHIO c Check box if amended return 2002 Month Reset Form FOR DEPARTMENT USE ONLY Year Pass-through Entity and
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What is it-1140 fill-inpmd - ohio?
The it-1140 fill-inpmd - ohio is a form used by businesses in Ohio to report and pay the Ohio Exit Tax on gain recognized from the sale of property or a business interest, as well as payments made to nonresident shareholders.
Who is required to file it-1140 fill-inpmd - ohio?
Any business entity that sells property or a business interest and has Ohio-sourced gain, or makes payments to nonresident shareholders, is required to file the it-1140 fill-inpmd - ohio form.
How to fill out it-1140 fill-inpmd - ohio?
To fill out the it-1140 fill-inpmd - ohio form, you need to provide information about the business, the sale of property or business interest, and details of payments made to nonresident shareholders. The form also requires you to calculate the Ohio Exit Tax liability. Specific instructions can be found on the form itself and any accompanying guidelines.
What is the purpose of it-1140 fill-inpmd - ohio?
The purpose of the it-1140 fill-inpmd - ohio form is to report and pay the Ohio Exit Tax on gain recognized from the sale of property or a business interest, as well as payments made to nonresident shareholders. It helps the state of Ohio track and collect taxes owed by businesses in these situations.
What information must be reported on it-1140 fill-inpmd - ohio?
The it-1140 fill-inpmd - ohio form requires businesses to report information such as their legal name, federal identification number, contact information, details of the property or business interest sale, and information about payments made to nonresident shareholders including their names, addresses, and amounts received.
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