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Y 11.1.7111 if of P 7 7 OMB No 15450047Return of organization Exempt From lncmuifne Tax Form Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust

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What is form 990 schedule b?

Form 990 Schedule B is a supplementary schedule that must be filed along with Form 990 or 990-EZ. It is used by certain tax-exempt organizations to report detailed information about their contributors.

Who is required to file form 990 schedule b?

Form 990 Schedule B is required to be filed by tax-exempt organizations that receive contributions exceeding certain thresholds. Specifically, organizations that receive aggregate contributions of $5,000 or more from any one contributor during the tax year must file Schedule B.

How to fill out form 990 schedule b?

To fill out Form 990 Schedule B, organizations are required to provide detailed information about their contributors, including their names, addresses, and contribution amounts. The form also requires organizations to indicate the type of contribution received, such as cash, non-cash, or services rendered.

What is the purpose of form 990 schedule b?

The purpose of Form 990 Schedule B is to provide transparency and accountability in the nonprofit sector. By requiring organizations to disclose information about their contributors, the IRS aims to prevent abuse or misuse of tax-exempt status and ensure that organizations are operating in accordance with applicable laws and regulations.

What information must be reported on form 990 schedule b?

Form 990 Schedule B requires organizations to report detailed information about their contributors, including their names, addresses, and contribution amounts. Additionally, organizations must indicate the type of contribution received, such as cash, non-cash, or services rendered.

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