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Topic Area Overview of Discussion Member Action / Followup Call to Order Bill Mitchell welcomed all and called the meeting to order at 3:05 p.m. Those present at the meeting were: Bill Mitchell, Van
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Form IR-1 is used for reporting retirement plan contributions and distributions for tax purposes.
Employers who sponsor retirement plans, as well as individuals who receive distributions from such plans, are required to file Form IR-1.
To fill out Form IR-1, provide information regarding contributions, distributions, and participant details as instructed in the form guidelines.
The purpose of Form IR-1 is to ensure accurate reporting of retirement plan activities and to comply with tax regulations.
The form requires reporting of contributions, distributions, participant information, and any gains or losses associated with the retirement plan.
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