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754 PHOENIX SQUADRON SPONSORING COMMITTEE 2017 POSTSECONDARY SCHOLARSHIP AWARDS APPLICATION Only open to 754 Phoenix RC ACS cadet members who: are graduating grade 12 this current 2016/2017 school
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What is only open to 754?
Only open to 754 is a specific tax form that allows beneficiaries of an estate to report the value of inherited property.
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Beneficiaries of an estate who receive inherited property that has a value of more than $754 are required to file Form 754.
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Beneficiaries must report the value of inherited property, any adjustments to the basis of the property, and the date of death of the previous owner on Form 754.
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