What is Schedule A?
Schedule A from Form 990 is used by organizations to report their status as public charities. This form helps the IRS determine if an organization meets the requirements to be classified as a public charity instead of a private foundation. It includes information about public support and revenue sources. Completing this form is important because it ensures compliance with tax regulations, helping organizations maintain their tax-exempt status and continue receiving donations and grants from the public.
What is Schedule A (Form 990) used for?
Schedule A helps organizations report their public charity status. Here’s what it’s used for:
- to determine eligibility for public charity status.
- to report public support received.
- to disclose sources of support.
How to fill out Schedule A?
- 1
Read the instructions carefully to understand eligibility criteria for public charity status.
- 2
Gather required documentation, including financial statements and support data.
- 3
Complete each section of the form accurately, ensuring all information aligns with your organization’s mission.
- 4
Double-check your entries for accuracy and completeness before finalizing.
- 5
Review any additional schedules that may apply to your organization.
- 6
Consult a tax professional if unsure about specific requirements or definitions.
Who is required to fill out Schedule A from Form 990?
Organizations that need to complete Schedule A include public charities and private foundations. They do this to determine their public charity status and provide information about their public support.
Afterward, the form is used by the IRS to assess compliance with tax-exempt status and by donors to evaluate charitable organizations.
When is Schedule A (Form 990) not required?
Certain organizations do not need to file Schedule A. For example, private foundations and organizations that are not classified as public charities do not require this form. Additionally, if an organization has been classified as a church, an integrated auxiliary of a church, or a convention or association of churches, it is also exempt from filing Schedule A.
When is Schedule A due?
The deadline for Schedule A (Form 990) is the 15th day of the 5th month after the end of your organization's tax year. For most organizations, this means it is due on May 15 if your tax year ends on December 31.
If you need more time, you can apply for a 6-month extension. However, remember that the extension applies to filing the form, not to paying taxes owed.
How to get a blank Schedule A from Form 990?
To access a blank Schedule A on our platform, simply click on the "Fill Form" button, and the form will load in our PDF editor for you to complete.
Alternatively, the IRS offers the official version of Schedule A (Form 990) along with instructions, which you can download directly from their website.
Do you need to sign Schedule A?
Schedule A does not require a signature according to official sources. However, it's always wise to confirm with the IRS for any recent updates.
Where to file Schedule A?
Form 990 Schedule A must be filed together with Form 990 or Form 990-EZ. It’s important to ensure that Schedule A is attached properly before submission.
Currently, Schedule A cannot be filed online. You must submit it by mail.
