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Internal Revenue ServiceDepartment of the Treasury Washington, DC 20224Number: 202008005 Release Date: 2/21/2020Third Party Communication: None Date of Communication: Not ApplicableIndex Number: 146.0000,

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What is determining form value of?

The determining form value determines the market value of a particular item or property.

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Individuals or entities involved in a transaction where the value of an item or property needs to be determined are required to file the determining form value.

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To fill out the determining form value, you need to provide detailed information about the item or property in question and any relevant market data that supports the valuation.

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The purpose of determining form value is to establish the fair market value of an item or property for tax or financial reporting purposes.

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The determining form value must include details about the item or property being valued, the methodology used for valuation, and any supporting documentation.

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