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Defile GRAPHIC print DO NOT PROCESS990I As Filed Data IDLE: 934933160166751 OMB No 15450047Return of Organization Exempt From Income TaxFormDepartment of the Treasury Internal Revenue Service For
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Gross receipts is the total amount of money received by a company from its normal business activities, before expenses are deducted.
All businesses, including sole proprietorships, partnerships, corporations, and LLCs, are required to file gross receipts for tax purposes.
To fill out gross receipts, businesses should gather all sources of income, including sales, services, interest, and other revenue streams, and report the total amount on the appropriate tax forms.
The purpose of reporting gross receipts is for tax authorities to calculate the taxable income of a business and assess the appropriate tax liability.
Businesses must report all sources of income, including sales, services, interest, and other revenue streams that contribute to the total gross receipts.
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