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Form 696 is a document required by certain tax authorities to report specific information regarding income, expenses, or other financial data.
Individuals or businesses that meet certain criteria set by the tax authority, such as specific income thresholds or types of revenue, are required to file Form 696.
To fill out Form 696, individuals must gather financial documents, complete each section accurately, and ensure that all required supporting information is attached.
The purpose of Form 696 is to provide tax authorities with information that allows them to assess tax liabilities accurately and ensure compliance with tax laws.
Information that must be reported on Form 696 typically includes income details, expense records, deductions, and any other relevant financial information as specified by the instructions.
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