✅ What are the penalties for filing Form 990-T late?

If an exempt organization files Form 990-T after the due date (including any extensions) and don’t provide a reasonable explanation for filing late, the IRS will impose a penalty. <a href=https://support.tax990.com/kb/990-t/general>read more</a>

✅ What is the purpose of Form 990-T?

Form 990-T is to calculate and report an organization's unrelated business income. If your organization has a gross income of $1000 or more from unrelated business income for the tax year, you must file Form 990-T. <a href=https://support.tax990.com/kb/990-t/general>read more</a>

✅ My organization changed its legal name. Is there any additional reporting to be done with Form 990-T?

An organization that changed its name must check the box next to “Name of organization” on Form 990-T to indicate the change. Also, the organization must provide relevant documentation that supports the name change <a href=https://support.tax990.com/kb/990-t/general>read more</a>

✅ Can Form 990-T be made available to the public?

Organizations that file Form 990-T are required to make their business income tax returns and related schedules available for public inspection for three years following the deadline, including any extension. <a href=https://support.tax990.com/kb/990-t/general>read more</a>

General

What are the penalties for filing Form 990-T late?
What is the purpose of Form 990-T?
My organization changed its legal name. Is there any additional reporting to be done with Form 990-T?
Can Form 990-T be made available to the public?

Couldn't find what you
are looking for?

(704) 839-2321 [email protected]

Couldn't find what youare looking for?

Couldn't find what you
are looking for?