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Form 5500 - Schedule H for St. Petersburg Florida: What You Should Know

Omnibus Financial Reporting Requirements of the Internal Revenue Code August 23, 2023 — This Notice has been released. Form 740 — W-2 Wage and Tax Statement for Federal Tax Purposes The IRS does not prepare IRS Form 740 or Form 742. To be prepared by your payroll department the IRS accepts Form 740 or 742, either electronically or by paper. The IRS does not furnish Forms 740 or 742 to taxpayers. As a business, however, you are responsible for preparing your own Form 740 or 742 and completing the various reporting requirements. As a general purpose employer, you should include Social Security, Medicare, employee benefits and pension information in your own Form 740-PF and on your IRS Form 7035. Form W-2 Wage and Tax Statement for State Tax Purposes The IRS does not prepare Form W-2 Wage and Tax Statement for State Tax Purposes. To be prepared by your payroll department the IRS accepts Form W-2 Wage and Tax Statement, either electronically or by paper. The IRS does not furnish Form W-2 Wage and Tax Statement to taxpayers. As a business, however, you are responsible for preparing your own Form W-2 Wage and Tax Statement and completing the various reporting requirements. As a general purpose employer, you should include Social Security and Medicare information in your own Form W-2 Wage Tax Statement and on your IRS Form W-2-SV. Form 1040 — Annual Return The Form 1040 Form must be prepared by the mayor of the return. The mayor must use Form 1040 and pay the appropriate tax. Form 1040 — Income Tax Return Form 1040-EZ — Election to Include Additional Information in Form 1040 Form 1040-W — Annual (One-page) Form W-2(W-2A) For Nonresident Aliens Form 1040-X — Annual (One-page) Form 1040-W For Nonresident aliens Form 1040NR — U.S. Individual Income Tax Return for Individuals Other Than U.S.

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