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This worksheet is intended for school districts without Chapter 313 and JETI agreements to calculate the nonewrevenue tax rate and voterapproval tax rate for the current tax year, as mandated by the
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What is form 50-859?
Form 50-859 is a tax form used to report specific financial information to the Internal Revenue Service (IRS) in the United States.
Who is required to file form 50-859?
Individuals or businesses that meet certain financial thresholds or engage in specific activities as outlined by the IRS are required to file form 50-859.
How to fill out form 50-859?
To fill out form 50-859, taxpayers must provide their personal or business information, financial data, and any relevant deductions or credits. Detailed instructions are usually provided by the IRS with the form.
What is the purpose of form 50-859?
The purpose of form 50-859 is to ensure compliance with tax regulations and to collect data necessary for the IRS to assess taxes and identify potential tax liabilities.
What information must be reported on form 50-859?
Form 50-859 typically requires reporting of income, expenses, deductions, and other financial data relevant to the taxpayer's situation.
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