Form 1060-2025

Show details

4.2 out of 5

71 votes

The document outlines Louisiana's sales tax exemption for certain farm equipment under Revised Statute 47:305.25, which applies to specific items like tractors and irrigation equipment, covering the first $50,000 of their purchase price. It also details a sales tax exclusion for manufacturing machinery related to agricultural purposes, requiring farmers to apply for certification. The document emphasizes the seller's responsibility in administering these exemptions correctly.

Here's how it works

01. Edit your form 1060 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send form 1060 instructions via email, link, or fax. You can also download it, export it or print it out.

How to edit Form 1060 in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Adjusting documents with our feature-rich and user-friendly PDF editor is easy. Follow the instructions below to fill out Form 1060 online quickly and easily:

Log in to your account. Log in with your credentials or create a free account to test the service before upgrading the subscription.
Import a form. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Form 1060. Effortlessly add and highlight text, insert pictures, checkmarks, and symbols, drop new fillable fields, and rearrange or delete pages from your document.
Get the Form 1060 completed. Download your modified document, export it to the cloud, print it from the editor, or share it with others via a Shareable link or as an email attachment.

Make the most of DocHub, one of the most easy-to-use editors to quickly manage your documentation online!

See more form 1060 versions

We've got more versions of the form 1060 form. Select the right form 1060 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.8 Satisfied (60 Votes)
2019	4.7 Satisfied (121 Votes)
2007	4.2 Satisfied (71 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is tax form 1060?

Franchise Tax. Newly Incorporated or Qualified Corporation Exception. Income Tax. Apportionment of Income.

What is Section 1060 sale of partnership interest?

(Under IRC 1060, certain sales of interests in a partnership holding a trade or business are treated as an asset sale.) Sales of such interests by nonresidents would therefore be subject to New York personal income tax to the extent that the trade or business assets held by the partnership were located in New York.

What is the 1095 tax form?

By Jan. 31 of each year, Covered California sends the federal IRS form 1095-A Health Insurance Marketplace statement to members. This form is used to: Provide information for your federal taxes. Calculate the amount of Premium Tax Credit you received, any credit you may be due after filing, or the tax amount you owe.

What is 1060 allocation?

Special Allocation Rules For Certain Asset Acquisitions. the gain or loss of the transferor with respect to such acquisition, the consideration received for such assets shall be allocated among such assets acquired in such acquisition in the same manner as amounts are allocated to assets under section 338(b)(5).

What is a 1060 allocation?

When buying or selling a business, Section 1060 of the Internal Revenue Code requires buyers and sellers to allocate the purchase price to be allocated among the assets bought or sold based on the fair market value of those assets.

Try more PDF tools