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CITY OF LOS ANGELES DEPARTMENT OF WATER AND POWER INTRADEPARTMENTAL CORRESPONDENCE Date:July 3, 2024To:Retirement Board MembersFrom:Linda P. Le, Chief Executive of the Retirement SystemSubject:Board

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What is this item presented?

This item refers to the annual tax return form required by the Internal Revenue Service.

Who is required to file this item presented?

Individuals with a taxable income, businesses, and other entities must file this tax return.

How to fill out this item presented?

To fill out this form, gather all financial documents, follow the instructions for each section, and report income, deductions, and credits accurately.

What is the purpose of this item presented?

The purpose of this item is to report income, calculate taxes owed, and claim any applicable tax credits or deductions.

What information must be reported on this item presented?

Taxable income, total income, deductions, credits, and any tax payments made must be reported.

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