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Buena Vista Charter Township 1160 S. Outer Drive, Saginaw, MI 48601 (989) 7546536BV MEGA FEST VENDOR FORM Vendor forms must be submitted by July 6, by 4:00 pm. (We reserve the right to censor any
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Form 1160-S is a tax form used by certain corporations to report income, gains, losses, deductions, credits, and other information to the IRS.
Corporations that choose to be taxed under Subchapter S of the Internal Revenue Code are required to file Form 1160-S.
To fill out Form 1160-S, complete the form by providing accurate financial information, including income, deductions, and shareholder details, and ensure all sections are filled out as per the IRS instructions.
The purpose of Form 1160-S is to report the financial activities of S corporations and to allocate income, losses, and deductions to shareholders.
Form 1160-S requires reporting information such as total income, cost of goods sold, deductions, and details of each shareholder’s share of income, deductions, and credits.
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