Get the free IL-990-T Schedule SA

Schedule SA (IL-990-T) (R-12/17). Illinois Department of Revenue. Schedule SA (IL-990-T). For tax years ending on or after December 31, 2017. Step 1: Provide ...

How to fill out il-990-t schedule sa

How to fill out il-990-t schedule sa

1. To fill out the IL-990-T Schedule SA, follow these steps:
2. Start by providing your organization's name and Employer Identification Number (EIN) at the top of the schedule.
3. Enter the tax year for which you are filing the return.
4. Fill in the required information for Part I - Organization Details. This includes the organization's mission, activities, and financial information.
5. Move on to Part II - Schedule SA Summary. Provide a summary of any unrelated business income activities conducted by your organization during the tax year.
6. If there were any modifications to the federal amount reported on Form 990-T, provide the necessary details in Part III - Modifications.
7. Complete Part IV - Exclusion and Apportionment if applicable to your organization.
8. Finally, review the completed schedule for accuracy and make any necessary corrections before submitting it along with your IL-990-T return.
9. Note: It's recommended to consult with a tax professional or refer to the instructions provided by the Illinois Department of Revenue for detailed guidance on filling out the IL-990-T Schedule SA.

Who needs il-990-t schedule sa?

1. The IL-990-T Schedule SA is required for Illinois tax-exempt organizations that have unrelated business income subject to taxation.
2. If your organization engages in a trade or business and earns income that is not substantially related to its tax-exempt purpose, you may need to file the IL-990-T Schedule SA.
3. However, it is important to consult with a tax professional or refer to the guidelines provided by the Illinois Department of Revenue to determine if your organization meets the specific requirements for filing this schedule.
4. Failure to file the IL-990-T Schedule SA when required can result in penalties and potential legal consequences.

For pdfFiller’s FAQs

How can I edit il-990-t schedule sa on a smartphone?

The best way to make changes to documents on a mobile device is to use pdfFiller's apps for iOS and Android. You may get them from the Apple Store and Google Play. Learn more about the apps here. To start editing il-990-t schedule sa, you need to install and log in to the app.

Can I edit il-990-t schedule sa on an iOS device?

You can. Using the pdfFiller iOS app, you can edit, distribute, and sign il-990-t schedule sa. Install it in seconds at the Apple Store. The app is free, but you must register to buy a subscription or start a free trial.

How do I fill out il-990-t schedule sa on an Android device?

Use the pdfFiller app for Android to finish your il-990-t schedule sa. The application lets you do all the things you need to do with documents, like add, edit, and remove text, sign, annotate, and more. There is nothing else you need except your smartphone and an internet connection to do this.

What is il-990-t schedule sa?

Il-990-t schedule sa is a supplemental schedule used by exempt organizations in Illinois to report unrelated business income.

Who is required to file il-990-t schedule sa?

Exempt organizations in Illinois that have unrelated business income are required to file il-990-t schedule sa.

How to fill out il-990-t schedule sa?

To fill out il-990-t schedule sa, organizations need to provide details about their unrelated business income, deductions related to the income, and other relevant financial information.

What is the purpose of il-990-t schedule sa?

The purpose of il-990-t schedule sa is to calculate and report the organization's unrelated business income and ensure compliance with tax laws.

What information must be reported on il-990-t schedule sa?

Information such as sources of unrelated business income, deductions, expenses, and other financial details must be reported on il-990-t schedule sa.