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Print Form NEVADA DEPARTMENT OF TAXATION TID No:021TX MODIFIED BUSINESS TAX RETURN FINANCIAL INSTITUTIONS FOR DEPARTMENT USE ONLY Mail Original To: NEVADA DEPARTMENT OF TAXATION PO BOX 52674 PHOENIX

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What is modified business tax return?

Modified business tax return is a form filed by businesses to report their modified business tax liability. It is used to calculate the tax owed based on the gross wages paid to employees in Nevada.

Who is required to file modified business tax return?

All businesses in Nevada that have employees and meet the statutory threshold for modified business tax liability are required to file a modified business tax return.

How to fill out modified business tax return?

To fill out a modified business tax return, businesses need to provide information such as their total gross wages paid, number of employees, and any allowable deductions. The form must be completed accurately and submitted to the appropriate tax authorities.

What is the purpose of modified business tax return?

The purpose of the modified business tax return is to calculate and report the tax liability of businesses based on the gross wages paid to employees. It helps generate revenue for the state of Nevada and ensures compliance with tax laws.

What information must be reported on modified business tax return?

On a modified business tax return, businesses must report their total gross wages paid to employees in Nevada, the number of employees, and any allowable deductions. Additional supporting documentation may also be required.

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