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 Schedule R for the current year.
This document contains official instructions for IRS Form 990 Schedule R, Related Organizations and Unrelated Partnerships - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 990 Schedule R is available for download through this link.
Q: What is IRS Form 990 Schedule R?
A: IRS Form 990 Schedule R is a form used by tax-exempt organizations to report information about related organizations and partnerships.
Q: What information does IRS Form 990 Schedule R require?
A: IRS Form 990 Schedule R requires information about the organization's relationships with other organizations or partnerships, including financial transactions and other activities.
Q: Who needs to file IRS Form 990 Schedule R?
A: Tax-exempt organizations that have relationships with other organizations or partnerships need to file IRS Form 990 Schedule R.
Q: What is the purpose of filing IRS Form 990 Schedule R?
A: The purpose of filing IRS Form 990 Schedule R is to provide transparency and accountability about a tax-exempt organization's relationships with other organizations or partnerships.
Q: Are there any penalties for not filing IRS Form 990 Schedule R?
A: Yes, there can be penalties for not filing IRS Form 990 Schedule R, including monetary fines and loss of tax-exempt status.
Q: Can I get an extension to file IRS Form 990 Schedule R?
A: Yes, you can request an extension to file IRS Form 990 Schedule R by filing Form 8868, Application for Extension of Time to File an Exempt Organization Return.
Q: What are some common mistakes to avoid when filing IRS Form 990 Schedule R?
A: Some common mistakes to avoid when filing IRS Form 990 Schedule R include incorrect reporting of financial transactions, missing information about related organizations or partnerships, and not filing the form on time.
Q: When is the deadline for filing IRS Form 990 Schedule R?
A: The deadline for filing IRS Form 990 Schedule R is the same as the deadline for filing Form 990, which is the 15th day of the 5th month after the end of the organization's fiscal year.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of IRS-released tax documents.