IRS Form 990 Schedule I Grants and Other Assistance to Organizations, Governments, and Individuals in the United States

What Is IRS Form 990 Schedule I?

This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. The document is a supplement to IRS Form 990, Return of Organization Exempt From Income Tax. As of today, no separate filing guidelines for the form are provided by the IRS.

FAQ

Q: What is IRS Form 990 Schedule I?
A: IRS Form 990 Schedule I is a tax form used by tax-exempt organizations to report grants and other assistance provided to organizations, governments, and individuals in the United States.

Q: Who needs to file IRS Form 990 Schedule I?
A: Tax-exempt organizations who provide grants and other assistance to organizations, governments, and individuals in the United States need to file IRS Form 990 Schedule I.

Q: What information is reported on IRS Form 990 Schedule I?
A: IRS Form 990 Schedule I requires organizations to provide details about the grants and assistance they have provided, including the recipient's name, purpose of the grant, and amount given.

Q: Is IRS Form 990 Schedule I publicly available?
A: Yes, IRS Form 990 Schedule I is part of the annual tax return (Form 990) submitted by tax-exempt organizations and is available for public inspection.

Q: Are there any penalties for not filing IRS Form 990 Schedule I?
A: Yes, failure to file IRS Form 990 Schedule I or providing incomplete or inaccurate information may result in penalties for the tax-exempt organization.