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1231 S. Dame Avenue Chicago IL, 60608 pH 312.768.4858 fax 773.496.7149Perm mission to Participate U IC Educational Field Trips 20182019 School YearStudent N am e: Student ID N um BER: This is to certify
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What is 1231 s?
1231 s refers to the form used to report gains or losses from the sale of business assets.
Who is required to file 1231 s?
Individuals or businesses who have sold business assets during the tax year are required to file 1231 s.
How to fill out 1231 s?
To fill out 1231 s, you will need to provide details of the assets sold, the dates of sale, the purchase price, and the selling price.
What is the purpose of 1231 s?
The purpose of 1231 s is to report and calculate gains or losses from the sale of business assets.
What information must be reported on 1231 s?
On 1231 s, you must report details of the assets sold, the dates of sale, the purchase price, and the selling price.
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