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Waters Edge Community Development District Board of Supervisors Meeting January 28, 2020, District Office: 5844 Old Pasco Road, Suite 100 Wesley Chapel, Florida 33544 813.994.1001www.watersedgecdd.waters
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The form 'Waters Edge' is required by individuals or entities who need to report their income or deductions related to the Water's Edge election for federal tax purposes.
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At Form Waters Edge refers to the method of calculating a corporation's taxable income based on its worldwide income minus allowable deductions and credits.
Certain corporations that meet specific criteria are required to file using the Form Waters Edge method.
To fill out Form Waters Edge, corporations must report their worldwide income, deductions, and credits as outlined in the instructions provided by the IRS.
The purpose of Form Waters Edge is to determine a corporation's taxable income by taking into account its global operations and income.
Corporations must report their worldwide income, deductions, and credits, as well as any other relevant financial information as required by the IRS.
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