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This form is to be completed when admitting a CFC or Brain Injury program applicant pending Medicaid or for an active program participant. It is also used for reporting changes in address or Legal
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CFC 804 is a tax form used by certain U.S. citizens and residents to report income from controlled foreign corporations (CFCs).
U.S. shareholders who own at least 10% of a foreign corporation are required to file CFC 804 if the corporation is classified as a controlled foreign corporation.
To fill out CFC 804, taxpayers must provide information regarding their ownership interest, the income earned by the foreign corporation, and any applicable deductions or credits.
The purpose of CFC 804 is to ensure compliance with U.S. tax regulations by reporting the income and financial activities of controlled foreign corporations.
CFC 804 must report details such as the name and address of the foreign corporation, the income and expenses of the corporation, and the shareholder's ownership percentage.
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