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FARMERS STATE BANK CAMP POINT of206 E. Wood St. Box 20 Camp Point, IL 62320 pH. (217) 5937756Quarterly Newsletter Spring 2005FREE ANNUAL CREDIT REPORTS NOW AVAILABLEStarting March 1, 2005, residents of

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What is wood st?

Wood st stands for Withholding on Distributions of or from Timber.

Who is required to file wood st?

Individuals or entities making payments for the sale of timber are required to file wood st forms.

How to fill out wood st?

Wood st forms can be filled out online or submitted through mail using the appropriate form provided by the IRS.

What is the purpose of wood st?

The purpose of wood st is to report and withhold taxes on income from the sale of timber.

What information must be reported on wood st?

Wood st forms must include information such as the seller's name, address, taxpayer identification number, and the amount of timber sale proceeds.

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