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MAIL TAX RETURNS TO: LOCKBOX PO BOX 34372 SEATTLE, WA 981241372 City of Bellevue MULTIPURPOSE TAX RETURN For more information contact: CITY OF BELLEVUE Tax Division PO Box 90012 Bellevue, WA 980099012

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How to fill out multipurpose tax return

How to fill out a multipurpose tax return:

01

Gather all necessary documents and information: Before you begin filling out the multipurpose tax return, make sure you have all the relevant documents and information ready. This may include your W-2 forms, 1099 forms, records of any expenses or deductions, and personal identification information.

02

Start with personal information: Begin by providing your personal information, including your name, address, social security number, and any other required identification details. Double-check this information for accuracy before moving on.

03

Report your income: Enter all sources of income for the tax year in the appropriate sections of the form. This may include wages, self-employment earnings, investment income, and any other taxable income. Pay attention to the specific instructions for each type of income and enter the amounts correctly.

04

Deductions and credits: Deductions and credits can lower your overall tax liability. Make sure to review the instructions and guidelines for claiming deductions and credits, and fill out the appropriate sections accordingly. This may include deductions for educational expenses, mortgage interest, charitable contributions, or various credits such as the Child Tax Credit or Earned Income Credit.

05

Calculate and report your tax liability: Use the provided worksheets or online tools to calculate your tax liability based on your income, deductions, and credits. Enter the resulting amount in the appropriate section.

06

Sign and date the form: Once you have completed all the necessary sections, sign and date the multipurpose tax return. If you're filing electronically, follow the instructions provided to securely sign the document.

Who needs a multipurpose tax return:

01

Self-employed individuals: If you are self-employed and have income from your business, you will generally need to file a multipurpose tax return.

02

Investors: Individuals who have investment income from sources such as stocks, bonds, mutual funds, or rental properties may need to file a multipurpose tax return.

03

Individuals with complex tax situations: If you have multiple sources of income, deductions, or credits, you may need to use a multipurpose tax return to ensure accurate reporting.

Remember, it's always a good idea to consult with a tax professional or use tax preparation software to ensure that you are filling out the multipurpose tax return correctly and taking advantage of any available deductions or credits.

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What is multipurpose tax return?

A multipurpose tax return is a form that allows individuals to report various types of income and claim deductions and credits in a single document.

Who is required to file multipurpose tax return?

Individuals who have different sources of income or who qualify for multiple deductions and credits may be required to file a multipurpose tax return.

How to fill out multipurpose tax return?

To fill out a multipurpose tax return, individuals need to gather all necessary financial documents, such as income statements, receipts for deductions, and documentation for credits, and accurately report this information on the form.

What is the purpose of multipurpose tax return?

The purpose of a multipurpose tax return is to streamline the process of reporting income, deductions, and credits for individuals with diverse financial situations.

What information must be reported on multipurpose tax return?

Information such as various sources of income, allowable deductions, and qualifying credits must be reported on a multipurpose tax return.

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