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FormReturn of Private Foundation or Section 4947×a)(1) Trust Treated as Private Foundation990×PF OMB No 1545005212001^ Do not enter Social Security numbers on this form as it may be made public.
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What is 1 return of private?
1 return of private refers to the annual tax return filed by privately held companies.
Who is required to file 1 return of private?
Privately held companies are required to file 1 return of private.
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The purpose of 1 return of private is to report the financial activities and tax liability of privately held companies.
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Information regarding income, expenses, assets, liabilities, and tax calculations must be reported on 1 return of private.
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