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NORTHERN VIRGINIA CARVERS Web: www.NorthernVirginiaCarvers.orgFEBRUARY 2017Issue 2017 2FROM THE PRESIDENT Todd AndreColtonThis is my first newsletter submission of my term as President of the Northern
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Carvers is a financial document that reports specific information about a taxpayer's gains or losses from the sale of capital assets.
Individuals, corporations, and other entities who have engaged in transactions involving capital assets are required to file carvers.
Carvers can be filled out online or by mailing in a completed paper form to the relevant tax authority.
The purpose of carvers is to accurately report and calculate the capital gains or losses incurred by a taxpayer from the sale of capital assets.
Carvers must include details about the taxpayer, the capital asset sold, the purchase price, the sale price, and the resulting gain or loss.
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