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Form 6765 Bend Oregon: What You Should Know
This form is used to report rental income on the annual tax return and to pay non-taxable rental expenses, generally the first 25 of rental expenses that arise on or after April 1, 2013. It also includes the number and value of eligible livestock, for which payment is required to be made to the Internal Revenue Service on a tax return. Form 4835 is used to report the income from eligible farm property and eligible livestock. You are asked to enter the details of your farm and, specifically, information about how you will divide your farm and your rental income. The form also requires you to include information about the total gross receipts from qualifying farm property that was received within the preceding year from anyone or all of your qualified livestock.
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