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Instructions for Schedule 500AB
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Instructions for Schedule 500AB Schedule of Related Entity Add Backs and Exceptions - Virginia
This document contains official instructions for Schedule 500AB , Schedule of Related Entity Add Backs and Exceptions - a form released and collected by the Virginia Department of Taxation.
FAQ
Q: What is Schedule 500AB?A: Schedule 500AB is a document used in Virginia for reporting Related Entity Add Backs and Exceptions.
Q: What are Related Entity Add Backs?A: Related Entity Add Backs are adjustments made to the income of a taxpayer to account for expenses paid to related entities.
Q: What are Exceptions?A: Exceptions are expenses paid to related entities that may be deducted without requiring an add back.
Q: When is Schedule 500AB used?A: Schedule 500AB is used when filing taxes in Virginia and reporting expenses paid to related entities.
Instruction Details:
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