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ILLINOIS COMMERCE COMMISSION TRANSPORTATION DIVISION / RAIL SAFETY SECTIONPROJECT STATUS REPORT TYPE: (CHECK ONE) PROGRESS X 1 COMPLETION PROJECT INFORMATION: Reporting Party: Docket/Order #; Date:
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Individuals or businesses who are required to report certain financial information to the Internal Revenue Service may need publication 371.
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Publication 371 is a form used by certain taxpayers to report information related to partnership transactions.
Partnerships and S corporations are required to file publication 371.
Publication 371 should be filled out with details of partnership transactions and submitted to the IRS.
The purpose of publication 371 is to report information on partnership transactions to the IRS for tax purposes.
Publication 371 must include details of partnership transactions, income, expenses, and other relevant financial information.
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