Tax Returns

What are TAX RETURNS?

• Reports parcel information, owners and subdivisions

• Reports amount of properties registered under MSR

• Reports income, expenses, and other relevant financial information

Tax Returns are based on ___ _______

Which of the following process is associated with Tax returns?

• VPR

• RPR

• CO

If I requested an extension to submit the tax returns, what will be my new deadline?

(multiple choices)

• April 30

• December 31

• October 30

• November 15

Complete the statement on regards of the type of entity.

Our owners are all ___________

After your calculations you end up with $47.8 of net profit taxes.

Based on the image, how much you'll need to pay?

• $55

• $47.8

I need to send a check for _______ ?

• $26400

• $2640

• $264

• $26,4

I received confirmation of my business license renewal.

Which expiration date should I input in Yardi? (MSR Registration tab)

• End of the lease

• 10/30 which is the extension deadline

• April 30th of the next year

• December 31st because they are done annually

Parent companies are the ones that file the Federal Returns. True or False

• TRUE

• FALSE

Bonus Point.

Personalize your boss