Form INT-5 - 2023 Farmers Cooperative Credit Associations Intangible Property Tax Return-2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in your association's name, address, and Federal Employer Identification Number (FEIN) at the top of the form.
3. In Part 1, compute your gross income from all sources during 2023. Enter this amount on Line 1.
4. Next, report the gross income derived from notes and mortgages on Line 2. Calculate the ratio of Line 2 to Line 1 and enter it on Line 3.
5. Declare total dividends credited to member accounts for 2023 on Line 4. Calculate the taxable portion of these dividends using the percentage from Line 3 multiplied by Line 4, and enter it on Line 5.
6. Calculate the amount of tax due (2% of Line 5) and enter it on Line 6. Deduct any miscellaneous credits listed in Lines 6A and 6B to find your final tax amount due on Line 6C.
7. Complete Part 3 by having the President and Secretary sign and date the form, ensuring all declarations are accurate.

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