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ASHLEYGRANTSINAID S C H O L A R S H I P A P P L I CAT I O N Submission Deadline: Sunday, March 1, 2020, Summary The Ashley GrantsinAid Scholarship is awarded to students striving for academic success.
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S C H O stands for 'State and Local Governments - Other.' It is a tax form used to report certain income, including payments to independent contractors and other specific transactions.
Businesses that make certain payments to individuals or entities, such as independent contractors, or reporting other payments like attorney fees, are required to file S C H O.
To fill out S C H O, you must provide the payee's identification details, the amount paid, and the type of payment. Follow the instructions specific to the form to ensure accurate reporting.
The purpose of S C H O is to report certain types of payments to the IRS to ensure proper tax reporting and compliance by the payees.
Information that must be reported includes the payee's name, address, taxpayer identification number, the total amount paid, and the type of payment made throughout the year.
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