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I'm e. . 7 I s t y e an r, 1 5 6th is s use e i M i t e L.t G old b r e a k s S l 7 5 bill r i o ii r IN new Y o OK T LM e s S e n LC c N W /SH IN G T O N P re side n t Nixon d e c la re d M o n d

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What is 7 i s t?

7 i s t stands for Information Return for Settlements To a 3rd Party. It is a form used to report payments made to third parties during the tax year.

Who is required to file 7 i s t?

Any person or business that makes payments to third parties and meets certain criteria set by the IRS is required to file 7 i s t.

How to fill out 7 i s t?

7 i s t can be filled out electronically using the IRS's online platform or by submitting a paper form with the required information.

What is the purpose of 7 i s t?

The purpose of 7 i s t is to report payments made to third parties to the IRS and the payee for tax purposes.

What information must be reported on 7 i s t?

The information that must be reported on 7 i s t includes the name and address of the payee, the amount paid, and the reason for the payment.

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