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Extending the Tax Assessment PeriodPublication 1035Background The Internal Revenue Service (Service) makes every effort to examine tax returns as soon as possible after they are filed. To ensure timely

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What is publication 1035?

Publication 1035 is a document provided by the Internal Revenue Service (IRS) that provides guidance on the tax rules and regulations related to exchanges of certain insurance policies and annuities.

Who is required to file publication 1035?

Individuals or entities who need to report exchanges of insurance policies or annuities are required to file publication 1035.

How to fill out publication 1035?

To fill out publication 1035, you will need to follow the instructions provided in the document and provide all the necessary information related to the exchanged policies or annuities.

What is the purpose of publication 1035?

The purpose of publication 1035 is to provide guidance to taxpayers on how to properly report exchanges of certain insurance policies and annuities for tax purposes.

What information must be reported on publication 1035?

Publication 1035 requires individuals or entities to report details such as the identification of the exchanged policies or annuities, the fair market values, and any taxable amounts related to the exchange.

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