
IRS 1120-POL 2013 free printable template
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For a fiscal year fill in the tax year space at the top of the form. Note. The 2013 Form 1120-POL may also be used if than 12 months that begins and ends in 2014 and The 2014 Form 1120-POL is not available at the time the organization is required to file its return. The on the 2013 Form 1120-POL and take into account any tax law changes that are effective for tax years beginning after December 31 2013. 1120-POL Form Department of the Treasury Internal Revenue Service Information about Form...1120-POL and its instructions is available at www.irs.gov/form1120pol. For calendar year 2013 or other tax year beginning Check the box if this is a section 501 c organization. 2013 and ending. Employer identification number Name of organization Check if OMB No. 1545-0129 U.S. Income Tax Return for Certain Political Organizations Final return Candidates for U.S. Congress Only Number street and room or suite no. Paid Preparer Use Only Signature of officer Print/Type preparer s name Firm s name...May the IRS discuss this return with the preparer shown below see instructions Title Date Firm s address Preparer s signature Sign Here City or town state or province country and ZIP or foreign postal code For Paperwork Reduction Act Notice see instructions. PTIN if self-employed Firm s EIN Phone no. Cat. No. 11523K Form 1120-POL 2013 Page 2 Section references are to the Internal Revenue Code unless otherwise noted. Future developments. For the latest information about developments related to...Form 1120-POL and its instructions such as legislation enacted after this form and instructions were published go to www.irs.gov/form1120pol. General Instructions Purpose of Form Political organizations and certain exempt organizations file Form 1120POL to report their political organization taxable income and income tax liability under section 527. In addition anyone who prepares Form 1120-POL but does not charge the section. Generally anyone who is paid to prepare the return must sign it and...fill in the Paid Preparer Use Only area. The paid preparer must complete the required preparer information and Sign the return in the space provided for the preparer s signature. Give a copy of the return to the taxpayer. Note. A paid preparer may sign original mechanical device or computer software program. Also facsimile signatures are authorized. Paid Preparer Authorization If the organization wants to allow the IRS to discuss its 2013 tax return with the paid preparer who signed it check the...Yes box in the signature area of the return. This authorization applies only to the individual whose signature appears the return. It does not apply to the firm if any shown in that section. If the Yes box is checked the questions that may arise during the processing of its return. The organization is also authorizing the paid preparer to Give the IRS any information that is missing from its return Call the IRS for information about the any refund or payment s and Respond to certain IRS notices...that the preparer about math errors offsets and return preparation. The notices will not be sent to the preparer.
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How to fill out IRS 1120-POL
Instructions and Help about IRS 1120-POL
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Upload the IRS 1120-POL form to pdfFiller.
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How to fill out IRS 1120-POL
To fill out IRS 1120-POL accurately, it is essential to gather all necessary information beforehand. Here’s how to proceed:
01
Obtain the form from the IRS website or through pdfFiller.
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Complete the top section with the organization's name, address, and Employer Identification Number (EIN).
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Fill in the income and expenses sections as applicable.
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Review the completed form for accuracy before submission.
Ensuring that all figures are correct can prevent delays and fines.
About IRS 1120-POL earlier version
What is IRS 1120-POL?
What is the purpose of this form?
Who needs the form?
When am I exempt from filling out this form?
Components of the form
Due date
What payments and purchases are reported?
How many copies of the form should I complete?
What are the penalties for not issuing the form?
What information do you need when you file the form?
Is the form accompanied by other forms?
Where do I send the form?
About IRS 1120-POL earlier version
What is IRS 1120-POL?
IRS 1120-POL is the U.S. tax form used by political organizations to report their income, gains, losses, deductions, and credits. Political organizations are typically exempt from income tax, but they are required to report their financial activities when their annual gross receipts exceed specific thresholds.
What is the purpose of this form?
The main purpose of IRS 1120-POL is to ensure transparency in the financial activities of political organizations. It helps the IRS monitor compliance and ensures these entities adhere to federal tax laws, especially regarding their contribution and expenditure reports.
Who needs the form?
Political organizations that have gross receipts of $100,000 or less in a taxable year are required to file IRS 1120-POL. Even if their income is exempt from taxation, they must still report their financial activities. This includes any organization that engages in political campaign activities or advocacy.
When am I exempt from filling out this form?
A political organization may be exempt from filing IRS 1120-POL if its annual gross receipts are below $100,000. Additionally, organizations that do not engage in any activities related to elections or political advocacy may also qualify for exemption. It is important to review IRS criteria carefully to confirm your organization's status.
Components of the form
The IRS 1120-POL form consists of various sections, including the organization's income, deductible expenses, and taxable amounts. Each section must be completed accurately to reflect the organization's financial activities for the year.
Due date
The due date for IRS 1120-POL is typically the 15th day of the 5th month after the end of the organization's tax year. For organizations with a calendar year ending December 31, the form is due by May 15 of the following year. Always check for any extensions or changes in the tax deadline.
What payments and purchases are reported?
It is essential to report all income received and any applicable expenses incurred during the year on IRS 1120-POL. This includes contributions received, investment income, and expenditures related to political campaign activities. Accurate reporting of these figures is critical to maintaining compliance with IRS regulations.
How many copies of the form should I complete?
Filers of IRS 1120-POL must complete one primary copy for submission to the IRS. If the organization has state obligations, additional copies may be required to meet state filing requirements. Always confirm the specific state regulations regarding duplicate submissions.
What are the penalties for not issuing the form?
Failure to file IRS 1120-POL may result in penalties, including fines based on the duration of the late filing. Organizations may face a penalty of up to $20 per day for each day the return is late, with a maximum penalty cap. It's crucial to file on time to avoid unexpected costs.
What information do you need when you file the form?
When filing IRS 1120-POL, you will need the organization's name, address, EIN, and a detailed account of all income and expense activities. Gathering this information in advance can streamline the filing process and reduce the risk of errors.
Is the form accompanied by other forms?
IRS 1120-POL may need to be submitted with various supplemental schedules, depending on the specifics of the organization's income and expenses. Ensure that all necessary attachments, such as Schedule G (Political Campaigns), are included to provide complete financial disclosures.
Where do I send the form?
The completed IRS 1120-POL should be sent to the appropriate IRS address based on the organization's location. Check the IRS instructions for filing addresses to ensure that the form is directed correctly.
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