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I Short Form Return of Organization Exempt From Income Tax OMB N0 1545-1150 ll d f d I * 990-EZ) Under section 501(c), 527, or 4947(a)(1) of the lateral Revenue Code (except black lung benefit twist
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II is short for Information Return.
Any individual or entity who has certain reportable transactions during the tax year is required to file II short form.
II short form can be filled out online through the IRS website or by mailing in a physical form.
The purpose of II short form is to report any reportable transactions to the IRS.
II short form requires information such as the type of reportable transaction, the amount of the transaction, and any relevant taxpayer identification numbers.
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