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RECEIPTSRECEIPTS & DISBURSEMENTS ** GENERAL, FIRE, SEWER & WATER FUNDS ** 11/07/201812/04/2018DISBURSEMENTS 11/21 and 12/5 11/23/2018Payroll Payables×133,844.16Total $133,844.16(Election workers
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How to fill out 1121 and 125
01
To fill out form 1121:
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Start by providing your personal information including your name, address, and social security number.
03
Indicate the type of tax return you are filing and the tax year it is for.
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Fill in your income information by reporting your wages, dividends, and any other taxable income.
05
Calculate your deductions and credits to determine your taxable income.
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Complete the payment section by indicating how much you owe or how much refund you expect.
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Sign and date the form before submitting it to the appropriate tax authority.
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To fill out form 125:
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Begin by providing your name, address, and taxpayer identification number.
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Indicate whether the form is an original or an amended return.
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Provide details about your business or rental activities, including income and expenses.
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Calculate your net profit or loss and report it on the form.
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Fill in any requested information related to depreciation, inventory, or capital gains.
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Complete the payment section by indicating the amount you owe or the refund you expect.
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Sign and date the form before submitting it to the appropriate tax authority.
Who needs 1121 and 125?
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Form 1121 is needed by individuals who are filing their federal income tax returns.
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Form 125 is needed by individuals who are self-employed or have rental activities and need to report their business income and expenses.
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What is 1121 and 125?
1121 and 125 are tax forms used for reporting certain types of income.
Who is required to file 1121 and 125?
Individuals or entities that have received income that needs to be reported on these forms are required to file them.
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You can fill out 1121 and 125 by providing the necessary information related to the income received in the specified sections of the forms.
What is the purpose of 1121 and 125?
The purpose of 1121 and 125 is to report income received from specific sources to the tax authorities.
What information must be reported on 1121 and 125?
You must report details of the income received, such as the amount, source, and any relevant deductions.
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