Get the free Schedule B- Section 3 Utilization Plan V1 05.05.17
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CHICAGOHOUSINGAUTHORITY(CIA) DepartmentofProcurementandContractsComplianceDivision SCHEDULEBSECTION3UTILIZATIONPLAN (ToBeCompletedbyPrimeContractor) PRIME/GENERALCONTRACTORSNAME: RFP/IF/RFQ/CONTRACTorPONUMBER:
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How to fill out schedule b- section 3
How to fill out schedule b- section 3
01
To fill out Schedule B - Section 3, follow these steps:
02
Start by entering your name and Social Security number at the top of the form.
03
Move on to Part I and provide the required information about your interest and dividend income.
04
In Part II, report any foreign accounts or trusts you had during the tax year.
05
If you had any deferred income from a controlled foreign corporation or qualified electing fund, fill out Part III.
06
Continue to Part IV if you received any distributions from or were a grantor of a foreign trust.
07
Finally, complete Part V if you had any foreign gifts or bequests.
08
Make sure to review your completed Schedule B - Section 3 for accuracy before submitting it with your tax return.
Who needs schedule b- section 3?
01
Schedule B - Section 3 is needed by individuals or entities who meet certain criteria:
02
- If you received more than $1,500 of taxable interest or ordinary dividends during the tax year.
03
- If you had certain foreign accounts, trusts, or foreign gifts or bequests.
04
However, it is always recommended to consult with a tax professional or refer to the IRS guidelines to determine if you specifically need to fill out Schedule B - Section 3.
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What is schedule b- section 3?
Schedule B-Section 3 is a form used to report interest and ordinary dividends received during the tax year.
Who is required to file schedule b- section 3?
Individuals who received interest and ordinary dividends exceeding a certain threshold during the tax year are required to file schedule B-Section 3.
How to fill out schedule b- section 3?
To fill out schedule B-Section 3, taxpayers must report the payer's name, the amount of interest and dividends received, and any related tax withholding.
What is the purpose of schedule b- section 3?
The purpose of schedule B-Section 3 is to report taxable interest and dividends for the tax year.
What information must be reported on schedule b- section 3?
Taxpayers must report the payer's name, the amount of interest and dividends received, and any related tax withholding on schedule B-Section 3.
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