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New York State Department of Taxation and Finance Information Regarding Escrow Payment CG30.2 Attachment to Form CG30, Certification of Tobacco Master Settlement Agreement Status This form may only

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What is form cg2?

Form CG2 is a document used by taxpayers to report capital gains realized from the sale of certain assets.

Who is required to file form cg2?

Individuals, partnerships, corporations, and other entities that have realized capital gains during the tax year are required to file form CG2.

How to fill out form cg2?

Form CG2 must be filled out with detailed information about the assets sold, the purchase price, the selling price, and any associated expenses. It is important to accurately report all relevant information to ensure compliance with tax regulations.

What is the purpose of form cg2?

The purpose of form CG2 is to report capital gains to the tax authorities, which helps determine the tax liability of the taxpayer.

What information must be reported on form cg2?

On form CG2, taxpayers must report details of the assets sold, including the purchase price, selling price, and any relevant expenses. Additionally, taxpayers must disclose any capital gains realized from the sale of these assets.

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