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CLICK HERE to return to the home page Rev. Pro. 20211 Tables OF CONTENTS SECTION 1. WHAT IS THE PURPOSE OF THIS REVENUE PROCEDURE? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Read and understand the guidelines provided in Revenue Procedure 2021-1
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Taxpayers who need to report certain information to the Internal Revenue Service as outlined in Revenue Procedure 2021-1
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Rev proc 1 annual refers to Revenue Procedure 1 which outlines the procedures for requesting written advice or a determination from the Internal Revenue Service (IRS) regarding federal tax issues.
Taxpayers who need guidance on federal tax matters can file Rev Proc 1 annual to request written advice or determination from the IRS.
To fill out Rev Proc 1 annual, taxpayers need to follow the procedures outlined in the revenue procedure, including providing all relevant information and supporting documents.
The purpose of Rev Proc 1 annual is to provide taxpayers with a formal procedure for obtaining written guidance from the IRS on federal tax matters.
Taxpayers must provide all relevant information and supporting documentation related to the federal tax issue for which they are seeking guidance.
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