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Section 960:
(a)HIGH SCHOOL SPELLING AND VOCABULARYNATURE OF THE CONTEST. The UIL Spelling and Vocabulary Contest promotes
vocabulary development and precise and effective use of words. The three
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What is section 960?
Section 960 is a tax form used to report foreign tax credit.
Who is required to file section 960?
Taxpayers who have foreign income or paid foreign taxes may be required to file section 960.
How to fill out section 960?
Section 960 should be filled out accurately by reporting foreign income, foreign taxes paid, and calculating the foreign tax credit.
What is the purpose of section 960?
The purpose of section 960 is to prevent double taxation on income earned in foreign countries.
What information must be reported on section 960?
Information such as foreign income, foreign taxes paid, and calculations for foreign tax credit must be reported on section 960.
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