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STATE FORM 53569 (R22 / 1222) APPROVED BY STATE BOARD OF ACCOUNTS, 2022TREASURER FORM TS1A PRESCRIBED BY THE DEPARTMENT OF LOCAL GOVERNMENT FINANCE IC 61.1228.1SPECIAL MESSAGE TO PROPERTY OWNER Property

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How to fill out ts-1 tax comparison statement

01

Gather all necessary tax documents such as W-2s, 1099s, and any other relevant forms.

02

Fill in the required taxpayer information at the top of the form, including name, address, and social security number.

03

Compare the information from your current tax return to the proposed changes on the ts-1 form.

04

Fill in the appropriate sections of the ts-1 form based on the comparisons made.

05

Double check all the information entered on the form for accuracy before submitting.

Who needs ts-1 tax comparison statement?

01

Individuals who have received a proposed tax adjustment from the IRS

02

Tax professionals helping clients with tax planning and filing

03

Business owners who are comparing their current tax situation to potential changes in the tax code

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What is ts-1 tax comparison statement?

The ts-1 tax comparison statement is a form used to compare tax liabilities under the current tax system with the proposed tax system.

Who is required to file ts-1 tax comparison statement?

Taxpayers who are affected by changes in the tax system are required to file the ts-1 tax comparison statement.

How to fill out ts-1 tax comparison statement?

The ts-1 tax comparison statement can be filled out by entering relevant financial information and following the instructions provided on the form.

What is the purpose of ts-1 tax comparison statement?

The purpose of the ts-1 tax comparison statement is to help taxpayers understand how they would be affected by proposed changes in the tax system.

What information must be reported on ts-1 tax comparison statement?

Information such as income, deductions, credits, and tax liabilities must be reported on the ts-1 tax comparison statement.

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