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SAN MIGUEL COUNTY
FINANCE OFFICE. O. Box 486, 1120 Summit Street, Norwood CO 81423
Phone (970) 3274885Fax: (970) 3274090Email: finance×sanmiguelcounty.org2011 SUPPLEMENTAL BUDGET REQUESTS
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What is box 486 1120 summit?
Box 486 on form 1120 Summit is used to report foreign taxes paid by a corporation.
Who is required to file box 486 1120 summit?
Corporations that have paid foreign taxes are required to file box 486 on form 1120 Summit.
How to fill out box 486 1120 summit?
To fill out box 486 on form 1120 Summit, corporations need to report the amount of foreign taxes paid during the tax year.
What is the purpose of box 486 1120 summit?
The purpose of box 486 on form 1120 Summit is to ensure that corporations are not double-taxed on income that has already been taxed by a foreign country.
What information must be reported on box 486 1120 summit?
Corporations must report the total amount of foreign taxes paid during the tax year on box 486 of form 1120 Summit.
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