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Video instructions and help with filling out and completing firpta section 1445

Instructions and Help about firpta section 1445

Meet John John owns a vacation home in the US he wants to sell his home but he's not a US citizen or a u.s. resident as a foreigner John has to deal with FERPA meet Mike he wants to buy John's house since John is a foreigner now mike has to deal with FERPA too so what is first F FERPA is a withholding tax but withholding is an amount that is set aside to pay for potential taxes down the road think of it as an advanced tax payment when John sells his property he will be earning us income when he earns us income he has to pay an estimated tax payment on that income that estimated tax payment will stay at the IRS until John files a US tax return if he ends up owing less than what was paid in advance then he will get a refund of the difference collecting the payment upfront is the only way the IRS can make sure that John files his tax return but how does the IRS go about collecting that payment remember Mike when Mike buys John's house he will need to hold back 15% of the selling price and make a payment to the IRS on John's behalf if my doesn he might have to pay the 15 percent himself John called the specialist at FERPA solutions they explained the process and his option to either remit or apply for a withholding certificate John didn't have a US tax ID so ferp dissolutions helped him to apply for one a few short months later John has his 15 percent back in his bank account where it belongs so whatever happened to Mike well Mike went on to live a happy life in his brand-new home he never heard from John or the IRS again this story has a happy ending but sadly not all for up to stories and well how do you want your story to end call the experts at firt dissolutions to find out.

FAQ

How do I fill out the academic background section in the Oakland University masters program?
Talk about your undergraduate research (senior thesis), any academic honors, any projects you assisted with, and note one or two strong writing samples. I don’t know for sure what their application entails, but many graduate programs want to know about these.
How do I fill out a required section for a phone number if I don’t have a phone yet?
Grab a Google Voice number. It is free and gives you a phone number where people can leave voicemail.When you have a phone, you can forward that number to your phone.
What is your approach to filling out the bio section of your Quora profile?
This is such a good question I wish I'd asked it myself.I am thinking to find the right answer ...... here it is:I have a mix of creative and serious.The serious element is to give an idea of who I am and where I'm coming from.But I'm one of those creative autistic persons ... yes, we exist.That is why I have different bio sections with a humourous twist.Such as: "Chrys Jordan, has posted questions on Quora about questions on Quora."That's autistic humour.I notice many other people have jokey bios.