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HCS State of CaliforniaHealth and Human Services Agency Department of Health Care Services :c J t.j, Jennifer Kent DIRECTOR Y 'f EDMUND G. BROWN JR. GOVERNOR SEP 1 6 2016 Ms. Henrietta Sam Louie Associate
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What is c j t?
c j t stands for Consolidated Joint Tax Return, which is a tax form used by certain groups of corporations to report their combined income, deductions, and credits.
Who is required to file c j t?
Groups of corporations that are affiliated and meet the requirements set by the IRS are required to file a Consolidated Joint Tax Return.
How to fill out c j t?
To fill out a Consolidated Joint Tax Return, corporations must follow the instructions provided by the IRS and report the combined financial information of all affiliated corporations.
What is the purpose of c j t?
The purpose of filing a Consolidated Joint Tax Return is to allow affiliated corporations to combine their financial information and calculate their tax liability as a group rather than individually.
What information must be reported on c j t?
On a Consolidated Joint Tax Return, corporations must report their combined income, deductions, credits, and other financial information as required by the IRS.
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