A few years ago the IRS came out with a new form to identify
which member of an investment club was the "Tax Member".
The Tax Member is the member the IRS will contact if it has
any questions about the club. I am in the unbelievable
position of training a replacement. Does anyone know the
IRS form number for reporting a new Tax Member?
Laurie Frederiksen on
This is the form you should use to update the "responsible party" for your club with the IRS:
A few years ago the IRS came out with a new form to identify
which member of an investment club was the "Tax Member".
The Tax Member is the member the IRS will contact if it has
any questions about the club. I am in the unbelievable
position of training a replacement. Does anyone know the
IRS form number for reporting a new Tax Member?
Margaret Wentworth on
Laurie,
I have been doing my club's taxes for over 15 years and never submitted this form . I just fill in my name on the tax submission and my name and address is listed as the home address for our club. Should I send in this form?
Peg Wentworth, Women's Investment Club, Lancaster, Pa
On Mon, Sep 18, 2017 at 4:26 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
This is the form you should use to update the "responsible party" for your club with the IRS:
A few years ago the IRS came out with a new form to identify
which member of an investment club was the "Tax Member".
The Tax Member is the member the IRS will contact if it has
any questions about the club. I am in the unbelievable
position of training a replacement. Does anyone know the
IRS form number for reporting a new Tax Member?
Laurie Frederiksen on
No. They already have received the information they need based on what you have sent. It would only be if you change treasurers going forward.
Laurie Frederiksen Invest with your friends! www.bivio.com
I have been doing my club's taxes for over 15 years and never submitted this form . I just fill in my name on the tax submission and my name and address is listed as the home address for our club. Should I send in this form?
Peg Wentworth, Women's Investment Club, Lancaster, Pa
On Mon, Sep 18, 2017 at 4:26 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
This is the form you should use to update the "responsible party" for your club with the IRS:
A few years ago the IRS came out with a new form to identify
which member of an investment club was the "Tax Member".
The Tax Member is the member the IRS will contact if it has
any questions about the club. I am in the unbelievable
position of training a replacement. Does anyone know the
IRS form number for reporting a new Tax Member?
Margaret Wentworth on
Thanks for your prompt reply
On Tue, Sep 19, 2017 at 1:03 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
No. They already have received the information they need based on what you have sent. It would only be if you change treasurers going forward.
Laurie Frederiksen Invest with your friends! www.bivio.com
I have been doing my club's taxes for over 15 years and never submitted this form . I just fill in my name on the tax submission and my name and address is listed as the home address for our club. Should I send in this form?
Peg Wentworth, Women's Investment Club, Lancaster, Pa
On Mon, Sep 18, 2017 at 4:26 PM Laurie Frederiksen <laurie@bivio.biz> wrote:
This is the form you should use to update the "responsible party" for your club with the IRS:
A few years ago the IRS came out with a new form to identify
which member of an investment club was the "Tax Member".
The Tax Member is the member the IRS will contact if it has
any questions about the club. I am in the unbelievable
position of training a replacement. Does anyone know the
IRS form number for reporting a new Tax Member?