Get the free Schedule H (Form 990) - irs

This schedule is used to report a hospital organization's financial assistance policy, community benefits provided, and other relevant information as required by IRS for tax-exempt hospitals. The

How to fill out schedule h form 990

How to fill out Schedule H (Form 990)

1. Gather your organization's financial data and supporting documentation.
2. Obtain a copy of Schedule H (Form 990) from the IRS website or your tax preparer.
3. Begin with Part I: Community Benefit, and provide the organization’s mission statement.
4. Report the organization's activities and describe how they contribute to community health.
5. Complete Part II: Financial Assistance and Benefits Provided to the Community, detailing charity care and other community benefits.
6. Fill out Part III: Facilities, listing all hospital facilities and their locations operated by your organization.
7. Provide information in Part IV about the organization’s governance and community involvement.
8. Complete Part V: Community Health Needs Assessment, if applicable, and summarize any assessments conducted.
9. Review all sections for accuracy and completeness before submission.
10. File Schedule H along with the IRS Form 990 by the due date.

Who needs Schedule H (Form 990)?

1. Nonprofit hospitals that are tax-exempt under section 501(c)(3) of the Internal Revenue Code.
2. Organizations that provide medical care in a hospital setting.
3. Facilities required to report community benefits as part of compliance with the Affordable Care Act.

People Also Ask about

Who must file schedule a Form 990?

1. Who must file Schedule A? An organization that files Form 990 or Form 990-EZ must file Schedule A if it is described in section 501(c)(3) (including organizations described in sections 501(e), (f), (k), or (n) that are treated as described in section 501(c)(3)) or section 4947(a)(1)).

What is the filing threshold for Schedule H?

Schedule H is required if at least $2,700 is paid to a single employee in the 2024 tax year, or if cash wages to all household employees total $1,000 or more during any three-month calendar quarter of the tax year.

What is schedule H used for?

Use Schedule H (Form 1040) to report household employment taxes if you paid cash wages to a household employee and the wages were subject to social security, Medicare, or FUTA taxes, or if you withheld federal income tax.

What is a schedule H form for?

Use Schedule H (Form 1040) to report household employment taxes if you paid cash wages to a household employee and the wages were subject to social security, Medicare, or FUTA taxes, or if you withheld federal income tax.

What is a Schedule H for subsidized health services?

Purpose of Schedule Hospital organizations use Schedule H (Form 990) to provide information on the activities and policies of, and community benefit provided by, its hospital facilities and other non-hospital health care facilities that it operated during the tax year.

What are 990 schedules?

Organizations that file Form 990 use this schedule to report compensation information for certain officers, directors, individual trustees, key employees, and highest compensated employees, and information on certain compensation practices.

What is a Schedule H prescription drug?

Schedule H is a class of prescription drugs in India appearing as an appendix to the Drugs and Cosmetics Rules, 1945 introduced in 1945. These are drugs which cannot be purchased over the counter without the prescription of a qualified doctor.

What is a Schedule H on a 990?

What is the Purpose of Form 990 Schedule H? Schedule H is used by hospital facilities to report details regarding their activities, policies, and community benefit they offered during the corresponding tax year.

For pdfFiller’s FAQs

What is Schedule H (Form 990)?

Schedule H (Form 990) is a supplementary form required for hospitals and certain healthcare organizations to provide detailed information about their financial operations and community benefits.

Who is required to file Schedule H (Form 990)?

Organizations that are classified as tax-exempt hospitals under section 501(c)(3) of the Internal Revenue Code are required to file Schedule H (Form 990).

How to fill out Schedule H (Form 990)?

To fill out Schedule H, organizations must provide detailed information about their community benefit activities, financial assistance policies, and the costs related to those services. This includes answering specific questions and providing financial data as required.

What is the purpose of Schedule H (Form 990)?

The purpose of Schedule H is to ensure transparency and accountability of tax-exempt hospitals by reporting their community benefits, financial aid, and the services provided to underserved populations.

What information must be reported on Schedule H (Form 990)?

Organizations must report information such as the amount spent on charity care, the nature and extent of community benefits provided, financial policies regarding patient assistance, and efforts to improve community health.