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Common Council Agenda Item Cover SheetMEETING DATE: November 10, 2020, Previously Discussed Ordinance Proposed Development Presentation New Ordinance for Discussion Miscellaneous Transfer ITEM or

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What is rc-46-20?

RC-46-20 is a tax form used for reporting certain income and expenses related to business activities.

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Individuals or businesses with specific types of income and expenses are required to file RC-46-20.

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RC-46-20 can be filled out online or manually by providing the requested information on income and expenses.

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The purpose of RC-46-20 is to accurately report income and expenses related to business activities for tax purposes.

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RC-46-20 requires reporting of income, expenses, deductions, and credits related to business activities.

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