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S P O NO R FO RM (PAG E 1/2’S E V E N T E E N T H A N N U A L D U PA G EGALAFRIDAY, MAY 11, 2018, BOB AKS SIGNATURE EVENTS AT SEVEN BRIDGES IN WOODRIDGE P O N S O R S H I P I N F O R M AT I O N

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How to fill out i nf o rm

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What is i nf o rm?

I nfo rm refers to a form used by certain entities to report specific information to the IRS regarding payments made in various contexts, including payments to independent contractors, interest, dividends, and other types of income.

Who is required to file i nf o rm?

Businesses and entities that make certain payments of $600 or more in a calendar year to non-corporate entities or individuals, such as freelancers, consultants, or independent contractors, are generally required to file i nf o rm.

How to fill out i nf o rm?

To fill out i nf o rm, you need to provide information such as the payee's name, address, taxpayer identification number (TIN), the amount paid, and the type of payment. It's important to ensure the information is accurate and submitted using the correct form based on the type of payment.

What is the purpose of i nf o rm?

The purpose of i nf o rm is to report income paid to individuals or entities, allowing the IRS to track income and ensure tax compliance. It helps in maintaining accurate tax records for both the payer and the payee.

What information must be reported on i nf o rm?

The information that must be reported on i nf o rm includes the payee's identification details, the amount paid during the calendar year, the type of payment, and any federal income tax withheld.