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Basic Educational Data System The University of the State of New York THE STATE EDUCATION DEPARTMENT KINDERGARTENCOMMON BRANCH 2412 2512 2612* PreKindergarten Kindergarten Common Branch 16 READING
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Common Branch 16 is a tax form used by business entities to report their income and expenses for a specific tax year.
All business entities including corporations, partnerships, and sole proprietors are required to file Common Branch 16.
Common Branch 16 can be filled out either manually or electronically by providing accurate income and expense information for the tax year.
The purpose of Common Branch 16 is to report the financial activity of a business entity for tax purposes.
Income, expenses, deductions, and credits related to the business entity must be reported on Common Branch 16.
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