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PRINTED: 12/12/2023 FORM APPROVEDDEPARTMENT OF HEALTH AND HUMAN SERVICES CENTERS FOR MEDICARE & MEDICAID SERVICES STATEMENT OF DEFICIENCIES AND PLAN OF CORRECTION(X1) PROVIDER/SUPPLIER/CLIA IDENTIFICATION
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The 1227 form, officially known as 'OMB Approved Form 1227', is a tax form used for reporting certain financial information to the IRS.
Organizations or individuals engaged in specific activities that align with the reporting requirements set by the IRS are required to file the 1227 form.
To fill out the 1227 form, detailed instructions are provided on the form itself, guiding the filer on how to provide necessary information accurately.
The purpose of the 1227 form is to collect information needed by the IRS to assess compliance with tax regulations and to ensure proper reporting of financial activities.
The form requires reporting details such as income, expenses, and other financial transactions, tailored to the specific requirements of the form.
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