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12 are treated in the same manner as 2000 earnings by allocating these amounts to the December 31 2000 account balances of employees in proportion to account balances as of December 31 1999 allocated the earnings for the full valuation period during the period of the failure. VCP CHECKLIST IS YOUR SUBMISSION COMPLETE INSTRUCTIONS The Service will be able to respond more quickly to your VCP request if it is carefully prepared and complete. To ensure that your request is in order use this...
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What is rev proc 31 form?
Rev Proc 31 form is a tax form used by taxpayers to request accounting method changes under the Internal Revenue Service (IRS) revenue procedure 2002-31.
Who is required to file rev proc 31 form?
Taxpayers who wish to request accounting method changes are required to file rev proc 31 form.
How to fill out rev proc 31 form?
To fill out rev proc 31 form, taxpayers need to provide their identification information, details of the requested accounting method changes, and any supporting documentation as required by the IRS.
What is the purpose of rev proc 31 form?
The purpose of rev proc 31 form is to allow taxpayers to request accounting method changes in compliance with IRS revenue procedure 2002-31.
What information must be reported on rev proc 31 form?
The information that must be reported on rev proc 31 form includes the taxpayer's identification information, details of the requested accounting method changes, and any supporting documentation as required by the IRS.
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