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UNITED STATES
SECURITIESANDEXCHANGECOMMISSION
Washington, APPROVAL
Outnumber:
32350123D. C.20549Expires:
March 31, 2016,
Estimated average burdenEPORThoursperresponse......12.00
SEC FILE NUMBER Novel)2050ACINGInformationR8.parrot
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What is nov-l?
nov-l stands for Notice of Value-Loss. It is a form used to report losses in the value of assets for tax purposes.
Who is required to file nov-l?
Individuals or businesses who have experienced a loss in the value of assets and want to claim it for tax purposes are required to file nov-l.
How to fill out nov-l?
nov-l can be filled out by providing detailed information about the assets, the original cost, the current value, and the reason for the loss in value.
What is the purpose of nov-l?
The purpose of nov-l is to allow individuals or businesses to claim a deduction for the loss in the value of assets on their tax returns.
What information must be reported on nov-l?
Information such as the description of assets, original cost, current value, and reason for the loss must be reported on nov-l.
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