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Republic INSPECTION COPY990OMB No. 154500472020Return of Organization Exempt From Income Tax Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)G Do
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The preparer review copy is used to provide a finalized version of the tax return to the tax preparer for review and approval before submission to the IRS.
Tax preparers who prepare and file tax returns on behalf of clients are required to file a preparer review copy to ensure compliance and accuracy.
To fill out the preparer review copy, the preparer must enter all required taxpayer information, income details, deductions, credits, and other pertinent tax information accurately as they appear on the official tax forms.
The purpose of the preparer review copy is to allow the tax preparer to review the completed tax return with the taxpayer to ensure that all information is correct and that the taxpayer agrees with the contents before it is submitted.
Information that must be reported includes the taxpayer's personal information, income sources, deductions, tax credits claimed, and any other relevant financial data needed to complete the tax return.
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