Does the IRS require political organizations to attach Schedule D to their Form 1120-POL return?
4.1k views | Last modified 6/4/2020 8:27:00 AM EST | Added by ExpressTaxExempt Team

Applicable To
990-PF 990-N 990-EZ 990 8868 1120-POL

Certain organizations are required to complete and attach Schedule D to their Form 1120-POL return. If required, you must attach Schedule D to your Form 1120-POL return for it to be considered complete by the IRS.
 
Schedule D (Form 1120) is generally used to report capital gains or losses that result from the sale or trade of certain property during a certain year. If your organization has to report capital gain distributions that have not been reported directly on Form 1120-POL Line 5, you must attach a Schedule D and report these distributions.

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