What is a qualified organization described in Schedule M?
A Qualified organization described under Schedule M is an organization granted with a tax-exempt status by the IRS and is eligible to receive a tax-deductible charitable contribution.
Religious organizations, charities, nonprofit schools, hospitals, safety department organizations, public parks, and recreation facilities are some common examples of a qualified organization.
Generally, a qualified organization is
- A governmental unit described in section 170(c)(1).
- A publicly supported charitable organization described in sections 501(c)(3) and 170(b)(1)(A)(vi) of section 509(a)(2).
- A supporting organization described in sections 501(c)(3) and 509(a)(3) is controlled by a governmental unit or a publicly supported charitable organization.
If your organization is required to report schedules other than A, B, and G, we recommend choosing our interview-based filing method.
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