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COLLEGE EXECUTIVE COMMITTEE MEETING Tuesday, May 20, 2014 1:00 p.m. 2:30 p.m. L108 Members: High, Bell, Ramsey, Haida, Figueroa, Allen, Hubbard, Led better and Akbar Attendees: Revised, Data, & Jacobson
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What is l-108?
L-108 is a tax form used for reporting certain financial transactions to the IRS.
Who is required to file l-108?
Anyone who has conducted financial transactions that meet the reporting requirements set by the IRS.
How to fill out l-108?
L-108 can be filled out manually or electronically, depending on the preference of the filer. It is important to accurately report all required information.
What is the purpose of l-108?
The purpose of l-108 is to provide the IRS with information on certain financial transactions made by individuals or businesses.
What information must be reported on l-108?
Information such as the type of financial transaction, the amount involved, the date of the transaction, and the parties involved must be reported on l-108.
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