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Gemini is a financial form used in the United States for reporting certain types of income, typically related to business or self-employment income, that isn't reported on traditional tax forms.
Individuals or entities who have received income that is not reported on a W-2 or 1099, such as self-employed individuals, freelancers, or certain business owners, are generally required to file Gemini.
To fill out Gemini, gather all relevant income information, complete the necessary sections of the form based on the reported income, deductions, and any other required details, and ensure to review for accuracy before submission.
The purpose of Gemini is to ensure that the IRS receives an accurate account of all income that has not been reported through other tax forms, helping to maintain tax compliance.
The information that must be reported on Gemini typically includes the total income received, details of the payers, any applicable deductions, and other relevant financial information that pertains to the income being reported.
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