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IRS Form 8832, "Entity Classification Election," is a form business owners use to tell the IRS how to classify a business for federal tax purposes.
IRS Form 941 is a form businesses file quarterly to report taxes they withheld from employee paychecks. Filing deadlines are in April, July, October and January.
Important Form 1041 applies to federal taxation and relates to Section 1041 of the Internal Revenue Code. Some estates and trusts may also have to pay income taxes at the state level.
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