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Bid #894918OSWEGO COUNTY PURCHASING
Administered by Onondaga County Division of Purchase
421 Montgomery Street, 13th Floor, Syracuse, NY 13202
Phone (315) 4353458 Fax (315) 4353424
Email: andrewtrombley@ongov.net
Andrew
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How to fill out bid 8949-18
How to fill out bid 8949-18
01
To fill out bid 8949-18, follow these steps:
02
Begin by downloading the form 8949-18 from the IRS website or obtain a physical copy.
03
Fill in your personal information, including your name, address, and social security number.
04
Provide the details of your transactions in Section A, which includes the date of acquisition, date of sale, description of property, and the proceeds from the sale.
05
If you had any adjustments to these transactions, such as basis adjustments or code adjustments, enter these details in Section B.
06
Next, proceed to Section C to report any transactions for which you are unable to use codes A or D as provided in the instructions.
07
If you had any long or short-term capital gain or loss transactions reported on Form 1099-B, you'll need to complete Section D accordingly.
08
Finally, review your form for accuracy and completeness before submitting it to the IRS.
09
Note: This is a general overview of filling out the form 8949-18. You may want to consult the official instructions or seek professional tax advice for specific instructions or guidance.
Who needs bid 8949-18?
01
Bid 8949-18 is needed by individuals who have engaged in certain types of financial transactions during the tax year. This form is used to report the sale or exchange of capital assets, such as stocks, bonds, or real estate, and to calculate any capital gains or losses incurred from these transactions.
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What is bid 8949-18?
Bid 8949-18 is a form used for reporting capital gains and losses from the sale of capital assets.
Who is required to file bid 8949-18?
Taxpayers who have sold capital assets during the tax year are required to file bid 8949-18.
How to fill out bid 8949-18?
Bid 8949-18 should be filled out with details of each capital asset sale, including the date of sale, cost basis, sales price, and resulting gain or loss.
What is the purpose of bid 8949-18?
The purpose of bid 8949-18 is to report capital gains and losses to the IRS for tax purposes.
What information must be reported on bid 8949-18?
Information such as the date of sale, description of the property, cost basis, sales price, and resulting gain or loss must be reported on bid 8949-18.
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