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HiDbroLiFt.pdf14/21/1510:10 AMO CSD Chapter Asian American Insurance & Financial Professional Association740 Roosevelt #210 Irvine CA 92620A Non Profit Organization www.aaifpa.org email:Haifa.OCS
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CY - AAIFPA (Calendar Year Annual Adjustment for Inflation for Publicly Available) is a tax form used by certain entities to report adjustments for inflation on specific income items.
Entities with publicly available income that surpasses inflation thresholds are required to file CY - AAIFPA.
To fill out CY - AAIFPA, gather the necessary financial documentation, complete the form by following the provided instructions, and ensure all reported figures are accurate.
The purpose of CY - AAIFPA is to adjust income figures for inflation, ensuring accurate tax liability assessments.
Information that must be reported includes total income, adjusted income for inflation, and relevant financial details as specified in the filing instructions.
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