IRS Tax Forms

Lesson

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The United States loves to have documents that need to be filled out by accountants.

Being able to recognize each by its name or purpose can be helpful.

Question

The CEO of Evan LLC, the upstart mug designer, asked you to take a look at a document he found in his desk.

Here's what you know:

What's the form for?

Answer

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👉 Answer:

It's for reporting income and expenses relating to renting real property, royalties, and pass-through entitities gains and losses for federal income taxes.