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PlannedGiving Building A LegacyDiocese of Bismarck IN THIS ISSUE:GIFT ANNUITIESSALE AND UNITRUSTFall 2013A YEAR SECRET TOO GOOD TO KEEP Successful people are often asked how they thrive. What did
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Sale and unitrust refer to the forms that must be filed with the IRS to report the sale of assets and the income generated from those assets.
Taxpayers who have sold assets or have received income from assets held in a trust are required to file sale and unitrust forms.
Sale and unitrust forms can be filled out online through the IRS website or by using tax software. Detailed instructions on how to fill out the forms are provided by the IRS.
The purpose of sale and unitrust forms is to report the sale of assets and the income generated from those assets to the IRS for tax purposes.
Taxpayers must report details of the sale of assets, including the sale price, date of sale, and any income generated from the assets held in a trust.
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