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What is ib 1 7 2?
IB 172 is a form used to report financial transactions like dividends, interest, and capital gains to the IRS.
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Individuals or entities that receive income from certain financial transactions are required to file IB 172.
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IB 172 can be filled out electronically or by paper. The form requires information about the income received and any withholdings.
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The purpose of IB 172 is to ensure that all taxable income from financial transactions is reported accurately to the IRS.
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IB 172 requires reporting of income like dividends, interest, and capital gains, as well as any taxes withheld.
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