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This document details the cash distribution made by Pure West Energy LLC to its Class A unit holders, including tax implications and calculations for the year 2022.
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What is form 8937?
Form 8937 is the Report of Organizational Actions Affecting Basis of Securities, which is used to report organizational actions that affect the basis of securities held by a shareholder.
Who is required to file form 8937?
Entities such as corporations and partnerships that undertake organizational actions affecting the basis of securities are required to file Form 8937.
How to fill out form 8937?
Form 8937 can be filled out by providing information regarding the organizational actions, the type of action taken, and the financial impact on shareholders, including details about affected securities and adjustments to basis.
What is the purpose of form 8937?
The purpose of Form 8937 is to inform shareholders and the IRS about organizational actions that may affect the basis of securities, ensuring compliance with tax laws.
What information must be reported on form 8937?
Form 8937 requires the reporting of details such as the type of organizational action, the date of the action, the description of affected securities, and calculations that affect the basis of these securities.
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