Certain political organizations with taxable income in excess of US$100 must file their annual income returns using this form.
As a trustee, use this form to report the information about the charitable organization. It is in compliance with 26 U.S. Code § 6034 and related regulations. Also, file this form for purposes of a trust that claims a charitable or other deduction provided under Section 642(c). There are instances when exception applies. See instructions for further information.
See instructions to check your filing status and avoid common errors. Also, instructions are important before filing this form in connection with the receipt of a scholarship, or fellowship, grant or tax exempt or interest income such as municipal bonds. Fill up all the items indicated in the form, including information on all wages, salaries and tips.
Applicants such as farmers’, fruit growers’, or like associations file this form for recognition of exemption as cooperatives. They are required to complete the form accurately guided by the instructions provided therein. The parts of this application are named as (1) Identification; (2) Type of Entity and Organizational Documents; (3) Activities and Operational Information; and (4) Financial Data. Instructions are hereby provided for proper guidance and information concerning completion of this form.
This application is filed to request recognition of exemption under Section 501(a) of the U.S. Internal Revenue Code which states that organizations are exempt from some federal income taxes provided they fall under Sections 501(c) or 501(d), or under Section 401(a ) of such U.S. Tax Code. The application consists of various parts such as (1) Identification of Applicant; (2) Activities and Operational Information; (3) Financial Data; (4) Notice Requirements (Sections 501(c)(9) and 501(c)(17) Organizations Only). Read the instructions carefully before completing the application.