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METROPOLITAN PARK DISTRICTAGENDA February 10, 2025 6:00 PM District Headquarters 4702 S. 19th St. Tacoma, WA 98405 Join Remotely Via Telephone: 12532158782 Enter Meeting ID: 815 1708 1405 Participant

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How to fill out 4702 s

01

Begin by obtaining a blank Form 4702-S from the IRS website or your local tax office.

02

Fill out the personal information section at the top, including your name, address, and Social Security number.

03

Indicate the type of income you are reporting, such as wages, interest, or dividends.

04

Complete the appropriate sections based on your specific income sources, following the instructions carefully.

05

Double-check all figures and calculations for accuracy.

06

Sign and date the form, confirming that the information provided is true and complete.

07

Submit the completed form to the IRS by the specified deadline.

Who needs 4702 s?

01

Individuals who have certain types of income not subject to withholding, such as self-employed persons.

02

Taxpayers who need to report income when they do not receive a W-2 form from an employer.

03

Those who must file for specific tax purposes or to claim credits.

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What is 4702 s?

Form 4702-S is a tax form used by the Internal Revenue Service (IRS) in the United States for reporting certain information related to plans that have or may need to be corrected under the Employee Retirement Income Security Act (ERISA).

Who is required to file 4702 s?

Organizations that sponsor certain employee benefit plans that are subject to correction procedures under the IRS guidelines, including but not limited to retirement plans and other qualified plans, are required to file Form 4702-S.

How to fill out 4702 s?

To fill out Form 4702-S, follow the instructions provided by the IRS, which include entering organization details, providing information about the retirement plan, and reporting any applicable corrections or adjustments required for compliance.

What is the purpose of 4702 s?

The purpose of Form 4702-S is to ensure compliance with tax regulations by providing a standardized way to report corrections related to benefit plans, helping to avoid penalties and maintain proper tax treatment of the plans.

What information must be reported on 4702 s?

Form 4702-S requires reporting information such as the name and identification number of the plan sponsor, details about the employee benefit plan, descriptions of corrections made, and any other relevant information as specified by the IRS instructions for the form.

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