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State of Nebraska INVITATION TO Return to: State Purchasing Bureau 1526 K Street, Suite 130 Lincoln, Nebraska 68508CONTRACT DatePage9/21/18Solicitation Number5931 Opening Date and Time10/23/18BuyerTelephone:
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Form 5931 is needed by individuals or entities who are required to report certain financial information to the IRS (Internal Revenue Service). This may include taxpayers who have engaged in specified foreign financial assets or have ownership interests in foreign corporations or partnerships.
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Form 5931 is used for reporting certain information related to specific tax situations, typically regarding foreign accounts and transactions.
Taxpayers with certain foreign assets or interests may be required to file Form 5931, including individuals and entities subject to IRS reporting requirements.
To fill out Form 5931, taxpayers need to provide specified information about their foreign accounts and comply with the IRS instructions outlined for the form.
The purpose of Form 5931 is to ensure compliance with U.S. tax laws regarding foreign financial interests and to report income or assets held outside the U.S.
Information that must be reported on Form 5931 includes details about foreign bank accounts, foreign trusts, and any income generated from these assets.
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