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THE SILVER THREAD L. E. Phillips Senior Center 1616 Bellinger Street Eau Claire, WI 54703 Newsletter September 2018 Volume 21 Issue 9 71583949092018 Senior Center Week MISSION STATEMENT L. E. Phillips
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Form Silver Thread is a tax form used by individuals to report income from investments in precious metals such as silver.
Individuals who have earned income from investments in silver are required to file Form Silver Thread.
Form Silver Thread can be filled out by providing information about the income earned from investments in silver, including details about the quantity and value of the silver.
The purpose of Form Silver Thread is to report income earned from investments in silver and ensure that individuals pay the appropriate amount of taxes on that income.
Information such as the quantity and value of the silver investments, any capital gains or losses, and details about any transactions involving the silver must be reported on Form Silver Thread.
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