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Life Insurance Application Banner Life Insurance Company 1701 Research Boulevard Rockville, Maryland 20850-3191 APBL98 (9/98-net) Banner Life Insurance Company 100 Quentin Roosevelt Boulevard Garden
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lu-1031 is a tax form used to report like-kind exchanges of real property under Section 1031 of the Internal Revenue Code.
Taxpayers who have participated in like-kind exchanges of real property are required to file lu-1031 form.
lu-1031 form must be filled out by providing details of the like-kind exchange, including the description of the properties exchanged and their values.
The purpose of lu-1031 form is to report like-kind exchanges of real property to the Internal Revenue Service for tax purposes.
lu-1031 form requires reporting information about the properties exchanged, their values, and any gain or loss realized from the exchange.
The deadline to file lu-1031 form in 2024 is April 15th (or the next business day if it falls on a weekend or holiday).
The penalty for late filing of lu-1031 form is $205 or 5% of the tax due for each month the return is late, up to a maximum of 25% of the tax due.
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