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101 is a form used for reporting certain financial information to the Internal Revenue Service (IRS).
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Entities such as corporations, partnerships, and trusts are required to file form 101 to report their financial information.
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The purpose of form 101 is to provide the IRS with information about the financial activities of the filer for tax purposes.
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Information such as income, expenses, assets, and liabilities must be reported on form 101.
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