Get Fair Market Value Form - Closely Held Llc - New Direction Ira

Completing the Fair Market Value Form - Closely Held LLC for New Direction IRA is an essential step for accurately reporting the value of your assets. This guide provides clear instructions to help you navigate the form electronically, ensuring compliance and timely submission.

Follow the steps to successfully complete the Fair Market Value Form online.

1. Click 'Get Form' to access the Fair Market Value Form online and open it for editing.
2. In the 'Your Information' section, input your name and New Direction account number accurately.
3. Move to the 'Asset Information' section. Here, specify the asset type as 'Closely-Held LLC' and provide the name of the asset.
4. Complete the LLC valuation worksheet by listing all assets held and associated liabilities. Enter the assessed value as of 12/31/2013.
5. Summarize your ownership documentation for the LLC in the designated section, ensuring all necessary documents are prepared for submission.
6. In the 'Valuator Information' section, detail the name and professional designation of the independent valuator, and select the appropriate role from the options provided.
7. Obtain signatures: both the valuator and you must sign and date the form to validate it. Ensure both signatures are present to avoid delays.
8. Attach all required supporting documentation to substantiate the Fair Market Value reported. Examples include real estate appraisals and comparative market analyses.
9. Finally, review the completed form and all attachments before submitting. You can save changes, download, print, or share the form as necessary.

Complete your Fair Market Value Form online today to ensure accurate reporting and compliance.