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EMPLOYEE DATA FORM Employer:___ Last Name:___ First Name: ___ MI:___ Suffix:___ Preferred Name:___ Social Security Number: ___ DOB:___/___/___ Home Address: ___ City: ___State: ___ Zip:___ Home Phone:___
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Portability refers to the ability to transfer or carry over certain tax benefits or exemptions, particularly in the context of property taxes, from one property to another.
Property owners who wish to transfer their tax exemptions to a new property are typically required to file for portability.
To fill out the portability form, property owners should gather necessary documentation, accurately complete the required sections, and submit it to the appropriate tax authority.
The purpose of portability is to allow property owners to carry forward their tax benefits, helping to ease the financial burden when they move to a new property.
The information that must be reported generally includes property details, previous exemptions, and any relevant financial information related to the property.
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