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MONTANA PT STM Rev. 1008 Second Tier Walkthrough Entity Owner Statement Second tier pass-through entity owner information (as shown on the second tier owners most recent federal return or K1) First

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Take a blank pt-stm form.

02

Start by filling out your personal information, including your name, address, and contact details.

03

Next, provide your occupation, employment details, and annual income.

04

Indicate your marital status and the number of dependents you have.

05

Fill in the details of your financial assets, such as savings, investments, and real estate properties.

06

Provide information about any outstanding debts or liabilities you have.

07

If applicable, include information about any other sources of income, such as rental earnings or dividends.

08

Review the completed form for accuracy and completeness.

09

Sign and date the form.

10

Submit the filled-out pt-stm form to the relevant authority.

Who needs pt-stm?

01

Individuals who are applying for a loan or mortgage and need to provide their financial information.

02

Taxpayers who are required to disclose their income and assets for tax purposes.

03

Individuals who are applying for government assistance or benefits and need to demonstrate their financial situation.

04

Business owners or self-employed individuals who need to provide their financial details in certain situations.

05

Legal entities or organizations that are required to disclose their financial information to regulatory bodies or stakeholders.

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What is pt-stm?

pt-stm stands for Property Transfer Statement of Value and is a form used to report the value of real estate property transfers.

Who is required to file pt-stm?

In California, the buyer and the seller are both required to file pt-stm when transferring real estate property.

How to fill out pt-stm?

Pt-stm can be filled out online or submitted in paper form. The form requires information about the property being transferred, the parties involved, and the value of the transfer.

What is the purpose of pt-stm?

The purpose of pt-stm is to provide information to the tax assessor's office for the assessment of property taxes based on the fair market value of the property.

What information must be reported on pt-stm?

Information such as the property description, sale price, parties involved, and any exemptions claimed must be reported on pt-stm.

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