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IL 258CONGRESSIONAL RECORDSENATEBy Mr. WARES: A bill (II. R. 16071) granting an increase
of pension to Ellen Taylor ; to the Committee on Invalid
Pensions.
By :Mr. Overton: A bill (H. R. 10072) granting
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What is il 258?
il 258 is a form used to report information on individuals who have received interest, dividends, and capital gains.
Who is required to file il 258?
Financial institutions and other entities that make payments to individuals for interest, dividends, and capital gains are required to file il 258.
How to fill out il 258?
il 258 can be filled out electronically or on paper. The form requires identifying information about the payee and the amount of income received.
What is the purpose of il 258?
The purpose of il 258 is to report income earned by individuals from interest, dividends, and capital gains to the tax authorities.
What information must be reported on il 258?
Information such as the payee's name, address, taxpayer identification number, and the amount of income received must be reported on il 258.
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