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What is untitled new markets tax?
The untitled new markets tax refers to a tax credit aimed at attracting investment to low-income communities.
Who is required to file untitled new markets tax?
Investors and organizations that have invested in qualified low-income community businesses are required to file untitled new markets tax.
How to fill out untitled new markets tax?
Untitled new markets tax can be filled out using Form 8874 provided by the IRS.
What is the purpose of untitled new markets tax?
The purpose of untitled new markets tax is to incentivize investment in economically distressed communities.
What information must be reported on untitled new markets tax?
Information such as the amount invested in qualified low-income community businesses and the credit claimed must be reported on untitled new markets tax.
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