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College of William & Mary Law School William & Mary Law School Scholarship Repository
Faculty Exams: 19441973Faculty and Deans1967Preparation of Tax Forms: Final Examination (May
27, 1967)
William
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What is preparation of tax forms?
Preparation of tax forms involves compiling and submitting the necessary paperwork to report income, deductions, and credits to the tax authorities.
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All individuals and businesses that earn income are required to file preparation of tax forms.
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Preparation of tax forms can be filled out manually or using tax software, following the instructions provided by the tax authorities.
What is the purpose of preparation of tax forms?
The purpose of preparation of tax forms is to accurately report income and expenses to calculate taxes owed or refunds due.
What information must be reported on preparation of tax forms?
Information such as income, deductions, credits, and personal details must be reported on preparation of tax forms.
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