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Form 8872 FTP Ftp Resource
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People also ask
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What is the IRS form 8821 used for?
Purpose of Form Form 8821 authorizes any individual, corporation, firm, organization, or partnership you designate to inspect and/or receive your confidential information verbally or in writing for the type of tax and the years or periods you list on Form 8821.
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What is the filing schedule for 8872?
An organization must file its first report for the first quarter of the calendar year in which it accepts a contribution or makes an expenditure. Quarterly reports are due by the 15th day after the last day of each calendar quarter, except the year-end report which is due by January 31 of the following year.
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What is form 8871, 8872, or 990?
Form 8871, Political Organization Notice of Section 527 Status. Form 8872, Political Organization Report of Contributions and Expenditures.
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How do I know if my business needs to file form 720?
Any entity, whether a sole proprietorship, partnership, corporation, or a limited liability company, dealing in goods or services subject to federal excise taxes must file Form 720. This includes businesses involved in the sale of luxury goods, certain types of equipment, or specific services.
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What are the filing requirements for form 8872?
For the 2024 filing year, organizations must file Form 8872 quarterly or monthly depending on their election year status. Reports are due the 15th day after the end of each quarter for quarterly filers. Ensure your year-end report is submitted by January 31 of the following year to remain compliant.
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Who is required to file form 8872?
Unless excepted, tax-exempt political organizations are required to file periodic reports with the IRS. The report is filed on Form 8872 PDF. An organization must electronically file Form 8872.
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What is 8872?
Tax-exempt section 527 political organizations file the IRS Form 8872 to report certain contributions received and expenditures made, unless an exception applies.
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What is form 1120 pol?
Purpose of Form. Political organizations and certain exempt organizations file Form 1120-POL to report their political organization taxable income and income tax liability under section 527.
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