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Fort Worth Texas online Form 1120-H: What You Should Know

Form 1120-H — Indicator Instrument provides the taxpayer with a mechanism to indicate whether a HOA's financial condition has changed for the better or worse. An indicator instrument must: Be a minimum of 12" by 16" in size Be signed by the officer who signs the form The instrument must be placed in the presence of an authorized employee of the HOA Use the same type of ink in all ink pens, markers and stamps Must be kept in an area separate from other financial documents The instrument must be in writing form and not a computer printout. Any of the following is not acceptable as an indicator instrument : • Forms used or signed by an officer of an HOA acting in lieu of an HOA officer • Information contained or provided in the records of an HOA in the normal course of business • Information provided through a computer, fax, or email The cost of using an indicator instrument is 10 for each marker on the instrument and to make the instrument. The cost of a complete indicator instrument is 100.00. To be completed by an HOA member or a person acting in the person's name and to be valid, an indicator instrument MUST: • Include the letter of authenticity issued by the Texas Secretary of State • Be signed by the officer who signs the form if an HOA officer is not required • Have the date of the instrument and the signature of the person who signs it • Be kept in a secure place separate from other financial records. • Be in written form that is acceptable electronically • Be used for the purpose(s) for which it was created • NOT contain any confidential information and to include a telephone number, fax number, email address or mailing address (if any) for the HOA that created it. See further guidelines for indicators. Learn more about the indicators. What are the Filing Requirements for HOA Filing (Form 2107)? The filing status of your HOA may change depending on your circumstances. Some situations may require you to file a separate form — such as a Form 2107 — which will set out the requirements specific to your situation.

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