Get the free Income Tax Form 990, 2012 - United Way of Alamance County - uwalamance

Apple, Bell, Johnson & CO., P. A. P. O. Drawer 2858 Burlington, NC 27216-2858 November 27, 2012, United Way of Alliance County, Inc. Po Box 1268 Burlington, NC 27216-1268 United Way of Alliance County,

How to fill out income tax form 990

How to fill out income tax form 990:

1. Gather all necessary information: Before beginning to fill out form 990, it is important to gather all the required information. This includes details about your organization's finances, programs, activities, and governance. Having all the necessary documentation at hand will make the process smoother.
2. Start with basic organization details: Begin by providing basic information about your organization, such as its name, address, EIN (Employee Identification Number), and contact information. This section is usually located at the beginning of Form 990.
3. Complete Part I - Summary: In this section, provide a summary of your organization's activities and accomplishments during the tax year. This includes describing your organization's mission, significant program accomplishments, and the number of individuals served. Make sure to fill in all the relevant fields accurately.
4. Proceed to Part II - Signature Block: Ensure that the officer or authorized person signs off on the form, certifying its accuracy. It is crucial to have the appropriate individual authorized to sign and understand the implications of doing so.
5. Proceed to Part III - Statement of Program Service Accomplishments: In this section, provide information about the programs and services your organization offered during the tax year. Include details about the number of individuals served, the nature of the services provided, and any significant accomplishments. Provide concise and accurate information for each program.
6. Continue with Part IV - Checklist of Required Schedules: A checklist will guide you to specific schedules and forms that may need to be attached to your Form 990. Review the checklist carefully and fill out any applicable schedules accurately, providing all necessary financial information.
7. Move on to Part V - Statements Regarding Other IRS Filings and Tax Compliance: In this section, you will provide details about other tax forms your organization may be required to file, such as Form 990-T or Form 4720. Answer the questions honestly and provide any necessary supporting information.
8. Complete Part VI - Governance, Management, and Disclosure: This section requires information about your organization's governance, policies, and procedures. Answer the questions provided accurately, ensuring that you describe your organization's governance structure adequately.
9. Proceed to Part VII - Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors: In this section, you will provide details about the compensation paid to your organization's officers, directors, trustees, and key employees. Fill in the required information accurately, as this section is subject to increased scrutiny.
10. Complete the remaining parts and schedules: Depending on your organization's specific circumstances, there may be additional parts, schedules, or attachments that need to be completed. Pay careful attention to each section's instructions and provide accurate information.

Who needs income tax form 990?

1. Nonprofit organizations: Income tax form 990 is primarily required for tax-exempt nonprofit organizations. This includes organizations that are recognized as 501(c)(3) organizations, as well as other types of tax-exempt entities. It is important to determine if your organization falls under the category of entities that are required to file Form 990.
2. Organizations with gross receipts above a certain threshold: Generally, organizations with gross receipts over $50,000 in a tax year must file Form 990. However, certain organizations, such as churches, are exempt from this requirement. It is crucial to verify the specific filing threshold and any exceptions applicable to your organization.
3. Organizations seeking tax-exempt status: Form 990 can also be required for organizations that are in the process of seeking tax-exempt status. In such cases, completing and submitting Form 990 is part of the application process to demonstrate organizational and financial transparency.

Note: This information serves as a general guide and should not substitute professional tax advice. It is recommended to consult with a tax professional or review the official IRS instructions specific to Form 990 for accurate and up-to-date guidance.

For pdfFiller’s FAQs

How do I modify my income tax form 990 in Gmail?

Using pdfFiller's Gmail add-on, you can edit, fill out, and sign your income tax form 990 and other papers directly in your email. You may get it through Google Workspace Marketplace. Make better use of your time by handling your papers and eSignatures.

How can I get income tax form 990?

The premium subscription for pdfFiller provides you with access to an extensive library of fillable forms (over 25M fillable templates) that you can download, fill out, print, and sign. You won’t have any trouble finding state-specific income tax form 990 and other forms in the library. Find the template you need and customize it using advanced editing functionalities.

How do I edit income tax form 990 on an Android device?

With the pdfFiller Android app, you can edit, sign, and share income tax form 990 on your mobile device from any place. All you need is an internet connection to do this. Keep your documents in order from anywhere with the help of the app!

What is income tax form 990?

Income tax form 990 is a tax form used by tax-exempt organizations to provide the IRS with information on their finances and activities.

Who is required to file income tax form 990?

Non-profit organizations with tax-exempt status under section 501(c) of the Internal Revenue Code are required to file income tax form 990.

How to fill out income tax form 990?

Income tax form 990 can be filled out by providing information on the organization's finances, activities, and governance structure as required by the IRS instructions.

What is the purpose of income tax form 990?

The purpose of income tax form 990 is to provide transparency and accountability for tax-exempt organizations, as well as to ensure compliance with tax laws.

What information must be reported on income tax form 990?

Income tax form 990 requires information on the organization's finances, activities, governance, and compensation of key employees.