Get the free Form 996 PF - Foundation Center

Return of Private Foundation Form 996 PF or Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Department of the Treasury Internal Revenue Service 4201 0 Note. The foundation

How to fill out form 996 pf

How to fill out form 996 pf:

1. Start by gathering all the necessary information and documents like your employer identification number, employee names and social security numbers, and compensation details.
2. Fill in Part I of the form, which includes general information about your organization such as the name, address, and tax year.
3. Move on to Part II of the form, where you will report the wages and tips paid to your employees during the tax year. Make sure to accurately enter the amounts for each employee.
4. In Part III, you will report the amounts withheld from your employees' paycheck for federal income tax, Social Security tax, and Medicare tax.
5. Proceed to Part IV, where you will calculate the employer's share of Social Security and Medicare taxes based on the wages reported in Part II.
6. Complete Part V by entering information about any deposit made for the taxes due and make sure to attach the required payment voucher if applicable.
7. Finally, review the form for any mistakes or omissions, sign and date it, and mail it to the appropriate IRS address.

Who needs form 996 pf:

1. Organizations exempt from income tax under section 501(c)(3) or 501(c)(4) of the Internal Revenue Code must file Form 990-PF, also known as form 996 pf.
2. Private foundations, including non-operating and operating foundations, are required to file this form to disclose their financial information, grants, and activities.
3. Form 996 pf provides transparency and oversight to ensure that private foundations are fulfilling their charitable purposes and complying with relevant tax regulations.

For pdfFiller’s FAQs

What is form 996 pf?

Form 996 PF is a tax form used by private foundations to report their income, expenses, and activities to the Internal Revenue Service (IRS).

Who is required to file form 996 pf?

Private foundations that are exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code are required to file form 996 PF.

How to fill out form 996 pf?

To fill out form 996 PF, you need to provide information about the foundation's income, expenses, grants, investments, and other activities. This includes details of contributions received, grants made, and any taxable income. The form also requires information about the foundation's officers, trustees, and any disqualified persons.

What is the purpose of form 996 pf?

The purpose of form 996 PF is to provide the IRS with information about the financial activities of private foundations, ensuring compliance with tax regulations and transparency in the use of charitable funds.

What information must be reported on form 996 pf?

Form 996 PF requires reporting of the foundation's financial data such as income, expenses, assets, grants, investments, and contributions. Additionally, details of disqualified persons, trustees, and officers must be provided.

How can I send form 996 pf to be eSigned by others?

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