IRS Form 990-T Schedule A Unrelated Business Taxable Income From an Unrelated Trade or Business

What Is IRS Form 990-T Schedule A?

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.

FAQ

Q: What is IRS Form 990-T Schedule A?
A: IRS Form 990-T Schedule A is a tax form used to report unrelated business taxable income from an unrelated trade or business.

Q: What is unrelated business taxable income?
A: Unrelated business taxable income refers to income generated by a tax-exempt organization from a trade or business that is not substantially related to the organization's exempt purpose.

Q: Who is required to file IRS Form 990-T Schedule A?
A: Tax-exempt organizations that have unrelated trade or business income of $1,000 or more are generally required to file IRS Form 990-T Schedule A.

Q: What is an unrelated trade or business?
A: An unrelated trade or business is a trade or business that is not substantially related to the tax-exempt organization's exempt purpose. It is often a commercial activity conducted by the organization.

Q: Is there a deadline for filing IRS Form 990-T Schedule A?
A: Yes, the deadline for filing IRS Form 990-T Schedule A is the 15th day of the fifth month after the end of the organization's tax year.