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26 CFR 1.103 8(b): Qualified residential rental projects. (Also: sections 142(d) and 145(d).) Rev. Pro. 2004 39 SECTION 1. PURPOSE This revenue procedure provides guidance to States and local governments
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Revenue Procedure 39 provides guidelines and instructions for taxpayers on how to report certain transactions or activities to the Internal Revenue Service.
Taxpayers who engage in specific transactions or activities as outlined in Revenue Procedure 39 are required to file it.
To fill out Revenue Procedure 39, taxpayers need to follow the instructions provided in the document and accurately report the required information.
The purpose of Revenue Procedure 39 is to ensure compliance and provide clarity for taxpayers regarding the reporting of specific transactions or activities.
Revenue Procedure 39 specifies the specific information that must be reported for each transaction or activity, such as dates, amounts, and any supporting documentation.
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