This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 990-T for the current year.
This document contains official instructions for IRS Form 990-T , Exempt Organization Proxy Tax Under Section 6033(E)) - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury.
Q: What is IRS Form 990-T?
A: IRS Form 990-T is the Exempt Organization Business Income Tax Return.
Q: Who needs to file IRS Form 990-T?
A: Exempt organizations that have unrelated business income over $1,000 must file Form 990-T.
Q: What is unrelated business income?
A: Unrelated business income is income earned by an exempt organization from activities that are not substantially related to its tax-exempt purpose.
Q: What is the purpose of filing IRS Form 990-T?
A: The purpose of filing Form 990-T is to report and pay taxes on the unrelated business income of an exempt organization.
Q: What is proxy tax under Section 6033(E)?
A: Proxy tax under Section 6033(E) is a tax imposed on certain exempt organizations that spend excessive amounts on lobbying activities.
Instruction Details:
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