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From 494 Place Stamp Here Directions Take Hwy 5 West to the second stop light. This is Eden Prairie Rd/County Rd 4. At the intersection of Hwy 5 and Eden Prairie Rd/ County Rd 4 take a right. At the
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What is from 494?
Form 494 is a tax form used for reporting income received from independent contractor work.
Who is required to file from 494?
Individuals or businesses who paid $600 or more to an independent contractor during the tax year are required to file Form 494.
How to fill out from 494?
Form 494 can be filled out manually or electronically by providing information about the payer and payee, including their names, addresses, and taxpayer identification numbers.
What is the purpose of from 494?
The purpose of Form 494 is to report income paid to independent contractors and to assist the IRS in tracking income received by independent contractors for tax purposes.
What information must be reported on from 494?
Information that must be reported on Form 494 includes the name, address, and taxpayer identification number of the payer and payee, as well as the total amount of income paid to the independent contractor.
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