Get the free 0047 Return of Organization Exempt from Income Tax 2004 Under section 501(c), 527, o...

Form 990 OMB No 1545.0047 Return of Organization Exempt from Income Tax 2004 Under section 501(c), 527, or 4947(AXL) of the Internal Revenue Code (except black lung benefit trust or private foundation)

How to fill out 0047 return of organization

how to fill out 0047 return of organization:

1. Gather all necessary financial information: Before starting the process, gather all relevant financial information about your organization. This may include income statements, balance sheets, and any other financial documents required.
2. Fill out the identification section: Begin by providing the required identification information about your organization, such as the name, address, and Employer Identification Number (EIN). Make sure to double-check the accuracy of this information.
3. Report the organization's gross receipts: In this section, you will need to report the total gross receipts that your organization has received during the tax year. Include any individual donations, grants, or other sources of income.
4. Provide details about any income from unrelated business activities: If your organization has engaged in any unrelated business activities, report the details in this section. Include the nature of the activities and the amount of income generated.
5. Disclose any changes to the organization's status: If there have been any significant changes to your organization's structure or operations, such as mergers, acquisitions, or changes in purpose, provide the necessary details in this section.
6. Fill out the section regarding the organization's tax-exempt status: Indicate whether your organization is a public charity, private foundation, or other type of tax-exempt entity. Provide any required supporting documents or explanations.
7. Report compensation of officers, directors, and employees: List the compensation details for key individuals within the organization, such as officers, directors, and highly compensated employees. This includes salaries, bonuses, and other forms of compensation.
8. Complete any additional required schedules or attachments: Depending on your organization's activities and financial situation, you may need to complete additional schedules or attach supporting documentation. Follow the instructions provided to ensure compliance.

Who needs 0047 return of organization:

1. Nonprofit organizations: Nonprofit organizations, including public charities and private foundations, are typically required to file the 0047 return of organization. This form allows them to report their financial information to the IRS and maintain their tax-exempt status.
2. Charitable organizations: Organizations engaged in charitable activities, such as providing aid to those in need or advancing education or religion, often need to file the 0047 return of organization. This form helps the IRS ensure that these organizations are operating within the guidelines of their tax-exempt status.
3. Tax-exempt entities: Any tax-exempt organization, regardless of its specific purpose or activities, may be required to file the 0047 return of organization. This includes organizations exempt under sections 501(c)(3), 501(c)(4), 501(c)(6), and others. Filing this form is essential to maintain their tax-exempt status.

For pdfFiller’s FAQs

What is 0047 return of organization?

The 0047 return of organization is a form that tax-exempt organizations must file with the IRS to provide information about their financial activities.

Who is required to file 0047 return of organization?

Nonprofit organizations, charities, and other tax-exempt organizations are required to file the 0047 return of organization.

How to fill out 0047 return of organization?

The 0047 return of organization can be filled out online or by mail using the official form provided by the IRS. Organizations must provide detailed information about their income, expenses, and activities.

What is the purpose of 0047 return of organization?

The purpose of the 0047 return of organization is to ensure that tax-exempt organizations are operating in compliance with the regulations governing their tax-exempt status.

What information must be reported on 0047 return of organization?

Organizations must report their revenue, expenses, assets, liabilities, and activities, as well as information about their governing body and key employees.

Can I create an electronic signature for signing my 0047 return of organization in Gmail?

When you use pdfFiller's add-on for Gmail, you can add or type a signature. You can also draw a signature. pdfFiller lets you eSign your 0047 return of organization and other documents right from your email. In order to keep signed documents and your own signatures, you need to sign up for an account.

How do I fill out the 0047 return of organization form on my smartphone?

Use the pdfFiller mobile app to fill out and sign 0047 return of organization. Visit our website (https://edit-pdf-ios-android.pdffiller.com/) to learn more about our mobile applications, their features, and how to get started.

How can I fill out 0047 return of organization on an iOS device?

Download and install the pdfFiller iOS app. Then, launch the app and log in or create an account to have access to all of the editing tools of the solution. Upload your 0047 return of organization from your device or cloud storage to open it, or input the document URL. After filling out all of the essential areas in the document and eSigning it (if necessary), you may save it or share it with others.