This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on September 1, 2018. As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 1066 Schedule Q?
A: IRS Form 1066 Schedule Q is a form used to provide a quarterly notice to the residual interest holder of a REMIC (Real Estate Mortgage Investment Conduit) regarding taxable income or net loss allocation.
Q: Who uses IRS Form 1066 Schedule Q?
A: Residual interest holders of REMICs use IRS Form 1066 Schedule Q to receive quarterly notices about taxable income or net loss allocation.
Q: What is a REMIC?
A: A REMIC is a type of entity that holds a pool of mortgages or other real estate loans and issues securities backed by the income from those loans.
Q: What information does IRS Form 1066 Schedule Q provide?
A: IRS Form 1066 Schedule Q provides information about the taxable income or net loss allocation of a REMIC to the residual interest holder.
Q: How often is IRS Form 1066 Schedule Q filed?
A: IRS Form 1066 Schedule Q is filed quarterly.
Form Details:
Download a fillable version of IRS Form 1066 Schedule Q through the link below or browse more documents in our library of IRS Forms.