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Paul Sundin Paul Sundin

Many HOA residents believe that their association is audited every year. In many situations, this is simply not the case.

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Does your HOA or Condo association need to file a tax return? Tax exempt as a non-profit?

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Form 1120-H and Form 1120. The association will have to qualify in order to file Form 1120-H, but that should not be a problem for most associations.

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Please note that blog comments and postings are not legal advice, rather only the opinions of our readers.

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