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Form and return refers to a document filed with the tax authorities that reports the income, expenses, and other pertinent information for a specific tax year.
Any individual or entity that has income or is subject to taxes is required to file form and return it.
Form and return can be filled out either manually by hand or electronically through online platforms provided by the tax authorities.
The purpose of form and return is to accurately report financial information to the tax authorities in order to determine the correct amount of tax liability.
Information such as income, expenses, deductions, credits, and any other relevant financial data must be reported on form and return.
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