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STATE OF NORTH CAROLINADEPARTMENT OF TRANSPORTATION RALEIGH, N.C.CONTRACTANDCONTRACT BONDS FOR CONTRACT NO. C204328 2019CPT.08.08.10631, 2019CPT.08.08.20631 STATE FUNDEDCOUNTY OFMOORETHIS IS BROADWAY
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US 15 is a tax form utilized by financial institutions and other entities to report specific financial information to the Internal Revenue Service (IRS). It is primarily used to report interest paid or credited to individuals and entities.
Entities that must file US 15 include banks, credit unions, and other financial institutions that pay interest to individuals or entities. Additionally, businesses that make certain types of payments and are required to report them must also file this form.
To fill out US 15, entities must provide details including the payer's information, recipient's information, the amount of interest paid, and any applicable federal tax withheld. Accurate completion requires a thorough understanding of the required fields and relevant IRS guidance.
The purpose of US 15 is to ensure that financial institutions report interest payments to the IRS, facilitating proper tax compliance and helping individuals and entities meet their tax obligations.
Information required on US 15 includes the payer's name, address, taxpayer identification number (TIN), recipient's name, address, TIN, total interest paid, and any withholding amounts.
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