Schedule H: Your Codebtors (non-individuals) is a form used by the Internal Revenue Service (IRS) to report information about companies, trusts, and other non-individuals who are liable for any unpaid taxes. This form is typically used in cases where the taxpayer has co-signed for a loan or other financial obligation with one or more non-individuals. There are two types of Schedule H: Your Codebtors (non-individuals): Type 1: This type of Schedule H is used to report information about companies or trusts that are liable for any unpaid taxes. It includes the name of the company or trust, the taxpayer's name, the amount of unpaid taxes, and other information as required by the IRS. Type 2: This type of Schedule H is used to report information about other non-individuals who are liable for any unpaid taxes. It includes the name of the non-individual, the taxpayer's name, the amount of unpaid taxes, and other information as required by the IRS.
Schedule H: Your Codebtors (non-individuals)
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