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“ F t. I C 5"* 9 OMB NU 1545-0047 Return of Organization Exempt From Income Tax I., I'll I d (D 9 F0fm Under section 501 c 527 or 4947 a 1 of the Internal Revenue Code excel t black run Department
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I i i ll stands for 'Internal Revenue Service Information Return'. It is a form used to report certain types of income, payments, or transactions to the IRS.
Entities such as businesses, individuals, and organizations that engage in specific transactions or have certain types of income are required to file i i i ll.
I i i ll can be filled out either manually or electronically depending on the specific form being used. Detailed instructions for filling out the form can be found on the IRS website.
The purpose of i i i ll is to provide the IRS with information necessary for tax compliance and enforcement. It helps ensure that taxpayers are accurately reporting their income and fulfilling their tax obligations.
The information required to be reported on i i i ll can vary depending on the specific form being used. Generally, it includes details about income, payments, or transactions that are subject to reporting requirements.
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