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Form 1120-F - Schedule M-1 & M-2 Birmingham Alabama: What You Should Know
Chapter 2 outlines the income tax treatment for the current situation for co-relatives. Chapter 3 highlights the key issues for co-relatives in this situation. Chapter 4 presents the key issues for the new situation being proposed. Chapter 5 explains the advantages and disadvantages of this model and concludes with an analysis of options for co-relatives. For help in understanding this report please contact: For help on creating a paper copy go to: PDF copy: PDF copy can be generated by following the directions All reports should be sent to: PO BOX 1308 Dothan, AL 35260 The following information may be helpful: The filing status your income comes from, if an individual, joint or married filing jointly; Income of co-relatives; Amount and source of all source-side income and property; (referred to the individual reporting the co-relative's share of income); and, Income of individual (referred to individual who is the spouse, common-law partner, or child) on a separate return, if co-relatives reporting income are included under separate returns. Also, include information on all personal loans that may be available, such as personal loans from a personal trust, personal loan from a financial institution, personal credit card debt or any other consumer debt.
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