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#1 t., “.’t×g; i ';DFF.FRANKLIN COUNTY BOARD OF COMMISSION, RS “Square Wary We Are lair Received & lnspectedAPRAprll24,2018272A18FCC lvtdtBoomt Marlene H. North, Secretary Federal Communications
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What is 1 t?
1 t refers to Form 1-T, which is a form used for reporting certain transactions to the Internal Revenue Service (IRS).
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Individuals or entities who engage in specified transactions that meet certain criteria are required to file Form 1-T.
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The purpose of Form 1-T is to provide the IRS with information about certain transactions that may have tax implications. This helps the IRS ensure compliance with tax laws.
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On Form 1-T, you must report details about the transaction, including the name and contact information of the parties involved, a description of the transaction, and the amount of money or property exchanged.
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