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BASIS DataMade Data RelationalFakultas IMU Computer
UDINUSData Models
Objected Data Models EntityRelationship
ObjectOriented.
Recorded Data Models Relational Data Model
Network Data Model
Hierarchical
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What is basis data?
Basis data refers to the foundational information required to determine the basis or value of an asset, investment, or tax-related item for financial reporting or tax purposes.
Who is required to file basis data?
Individuals and businesses that hold assets or investments that require tax reporting or valuation are typically required to file basis data.
How to fill out basis data?
Basis data is filled out by collecting relevant financial information, including purchase prices, asset enhancements, and depreciation, and then reporting this information in the required format specified by tax authorities.
What is the purpose of basis data?
The purpose of basis data is to provide accurate information for calculating the gain or loss on the sale of an asset, ensuring proper tax reporting and compliance.
What information must be reported on basis data?
Information typically includes asset purchase price, any adjustments (like improvements), depreciation taken, and date of acquisition and sale.
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