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What is r 406?
r 406 is a tax form used for reporting certain transactions to the IRS.
Who is required to file r 406?
Individuals or businesses who have engaged in reportable transactions must file r 406.
How to fill out r 406?
r 406 can be filled out electronically or by mail following the instructions provided by the IRS.
What is the purpose of r 406?
The purpose of r 406 is to report specific transactions to the IRS for tax compliance purposes.
What information must be reported on r 406?
r 406 requires information on the parties involved in the transaction, the amount, and the nature of the transaction.
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