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Form 673 Corpus Christi Texas: What You Should Know

GOV. R.C.T.S. § 2.001 — § 2.049. This item may exempt your business from a federal income tax. For more information on Texas corporate exemptions, go to the Texas Ethics Commission.  Form 4787 — IRS Submit to the IRS the form. (The form will include a pre-fill for the IRS) A tax identification number (TIN) may be required with the Form 4787.  See Form 4787 for guidance for individuals filing as a business owner. If you are filing your own individual income tax return, you must fill both forms. Form 4789 — IRS The IRS form is for businesses and other organizations. It allows you to exclude from income your salary and gross income from all sources, whether paid in-kind or in cash. For more information see the instructions on the form. IRS Form 8621 — Nueces County: This document gives information on whether you qualify for a business deduction. For complete requirements, go to the IRS.com. Form 8825 — Nueces County: For information on the business deduction, including if Form 8825 is appropriate for you, go to the IRS.com Form 8837 — Nueces County: If you are an individual, including a partner or partner-in-appeal, you must fill Form 8951 for the tax year (as of November 1) by the due date. You may complete it electronically or fax it in if you reside in Texas and have a Texas address. Form 8951 will contain the information you need to prepare Form 8837 to apply for a tax loss. Form 8951 may not be used for tax years 2012, 2011, 2010, 2009, 2008, 2007, or 2006. Form 8837 may be applied for any tax year. Form 8851 — Nueces County: A nonresident individual who is a partnership, a corporation or an unincorporated association may use Form 8951 to determine whether a deduction is available for the partnership year to the extent of gross income of the partnership. The partnership year begins on January 1. You may use the Form 8951 to determine whether an exemption is available for the individual income years of the partnership. For more information, go to the IRS.com.

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