This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 990-T Schedule A for the current year.
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-T, Exempt Organization Business Income Tax Return (And Proxy Tax Under Section 6033(E)). As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 990-T?
A: IRS Form 990-T is a tax form used by tax-exempt organizations to report their unrelated business taxable income.
Q: What is Schedule A of Form 990-T?
A: Schedule A is a section of Form 990-T where tax-exempt organizations report their unrelated business taxable income from an unrelated trade or business.
Q: What is unrelated business taxable income?
A: Unrelated business taxable income is income generated by a tax-exempt organization through a trade or business that is not related to its exempt purpose.
Q: Why do tax-exempt organizations need to report unrelated business taxable income?
A: Tax-exempt organizations need to report unrelated business taxable income to comply with tax laws and determine if they owe any unrelated business income tax.
Q: What is an unrelated trade or business?
A: An unrelated trade or business is a trade or business activity conducted by a tax-exempt organization that is not substantially related to its exempt purpose.
Q: What information is required on Schedule A of Form 990-T?
A: Schedule A of Form 990-T requires information about the tax-exempt organization, details of the unrelated trade or business, and the calculation of unrelated business taxable income.
Q: Are there any exemptions to the unrelated business income tax?
A: There are certain exemptions and exceptions to the unrelated business income tax. Organizations should consult the IRS guidelines or a tax professional for specific details.
Q: When is Form 990-T Schedule A due?
A: Form 990-T, including Schedule A, is generally due on the 15th day of the 5th month after the end of the organization's tax year.
Form Details:
Download a fillable version of IRS Form 990-T Schedule A through the link below or browse more documents in our library of IRS Forms.