Question 1

&#x2705; What schedules and attachments to Form 990-T must be made available for Public Inspection?

Accepted Answer

Only schedules, attachments (statements), and supporting documents that relate to the imposition of tax on unrelated business income must be made available for public inspection. read more

Question 2

&#x2705; What is the difference between a 990 and a 990-T?

Accepted Answer

Form 990 is filed with the IRS to report information on the activities conducted by the organization, whereas 990-T is filed only if an organization has $1,000 or more gross income from an unrelated business. read more

Question 3

&#x2705; Can I e-file Form 990-T for prior years with ExpressTaxExempt?

Accepted Answer

No. Currently, ExpressTaxExempt only supports Form 990-T for the 2020 tax year. This is because the IRS has only recently mandated electronic filing of Form 990-T returns for 2020. read more

Question 4

&#x2705; Who is required to file Form 990-T?

Accepted Answer

Disregarded entities and domestic or foreign organizations exempt under section 501(a), section 529(a), or section 529A(a) that received $1000 or more of their gross income from unrelated businesses must file Form 990-T. read more

990-T

Sign Up for a
FREE ExpressTaxExempt Account!

Couldn't find what you
are looking for?

Sign Up for a FREE ExpressTaxExempt Account!

Couldn't find what youare looking for?

Sign Up for a
FREE ExpressTaxExempt Account!

Couldn't find what you
are looking for?