D. Other Forms You May Need To File

Form 720, Quarterly Federal Excise Tax Return. In addition to various federal excise taxes that are paid with the filing of this form, the Patient-Centered Outcomes Research Institute fee that is imposed on health insurers and employers who maintain self-insured health plans is payable annually and reported on the Form 720 that is filed for the second quarter of each year, which is due no later than July 31 of each calendar year.

Form 926, Return by a U.S. Transferor of Property to a For- eign Corporation. U.S. persons (including domestic corporations and trusts) must file Form 926 to report certain transfers of tangible or intangible property to a foreign corporation, as required by section 6038B.

Form 990–T, Exempt Organization Business Income Tax Re- turn (and proxy tax under section 6033(e)). Every organization exempt from income tax under section 501(a) with total gross income of $1,000 or more from all trades or businesses unrelated to the organization's exempt purpose must file Form 990-T. The form is also used by tax-exempt organizations to report other additional taxes, including the additional tax figured in Part IV of Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund.

Form 990-W, Estimated Tax on Unrelated Business Taxable Income for Tax-Exempt Organizations. Use of this form is optional. It is provided only to aid you in determining your tax liability. You must use electronic funds transfer to make all depository tax deposits. See P. Tax Payment Methods for Domestic Private Foundations , later, for information about electronic deposits.

Form 1023, Application for Recognition of Exemption Un- der Section 501(c)(3) of the Internal Revenue Code. This form for recognition of exemption from federal income tax under section 501(c)(3) must be used by private foundations that don't qualify to use Form 1023-EZ or that are also requesting advance approval of individual grant procedures or recognition as an operating foundation. Form 8940 may also be used for

• Form W-2, Wage and Tax Statement.

• Form W-3, Transmittal of Wage and Tax Statements.

• Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return (section 4947(a)(1) trusts and taxable private foundations may need to file).

• Form 941, Employer's QUARTERLY Federal Tax Return.

These forms are used to report social security, Medicare, and income taxes withheld by an employer and social security and Medicare taxes paid by an employer.

If income, social security, and Medicare taxes that must be withheld aren't withheld or aren't paid to the IRS, a trust fund recovery penalty may apply. The penalty is 100% of such unpaid taxes.

This penalty may be imposed on all persons (including volunteers (see below)) whom the IRS determines to be responsible for collecting, accounting for, and paying over these taxes, and who willfully didn't do so.

This penalty doesn't apply to any volunteer, unpaid member of any board of trustees or directors of a tax-exempt organization if this member:

• Is solely serving in an honorary capacity;

• Doesn’t participate in the day-to-day or financial activities of the organization; and

• Doesn’t have actual knowledge of the failure to collect, account for, and pay over these taxes. However, this exception doesn't apply if it results in no person being liable for the penalty.

4 Instructions for Form 990-PF (2025)

requesting advance approval of individual grant procedures or recognition as an operating foundation.

Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. Certain small private foundations may apply for recognition of exemption under section 501(c)(3) using this form instead of Form 1023.

Form 1041, U.S. Income Tax Return for Estates and Trusts. Required of section 4947(a)(1) nonexempt charitable trusts that also file Form 990-PF. However, if the trust doesn't have any taxable income under the income tax provisions (subtitle A of the Code), it may use the filing of Form 990-PF to satisfy its Form 1041 filing requirement under section 6012. If this condition is met, check the box on line 15, Part VI-A, of Form 990-PF and don't file Form 1041.

Form 1041-ES, Estimated Income Tax for Estates and Trusts. Used to make estimated tax payments.

Form 1096, Annual Summary and Transmittal of U.S. Infor- mation Returns. Used to transmit Forms 1097, 1098, 1099, 3921, 3922, 5498, and W-2G to the IRS. Don’t use it to transmit electronically.

Form 1098 series. Information returns to report mortgage interest, student loan interest, qualified tuition and related expenses, and a contribution of a qualified vehicle that has a claimed value of more than $500.

Form 1099 series. Information returns to report acquisitions or abandonments of secured property; proceeds from broker and barter exchange transactions; cancellation of debt; dividends and distributions; certain government and state qualified tuition program payments; taxable distributions from cooperatives; interest payments; payments of long-term care and accelerated death benefits; miscellaneous income payments; nonemployee compensation; distributions from an HSA, Archer MSA or Medicare Advantage MSA; original issue discount; distributions from pensions, annuities, retirement or profit-sharing plans, IRAs, insurance contracts, etc.; and proceeds from real estate transactions. Also, use certain of these returns to report amounts that were received as a nominee on behalf of another person.

Form 1120, U.S. Corporation Income Tax Return. Filed by nonexempt taxable private foundations that have taxable income under the income tax provisions (subtitle A of the Code). Form 990-PF is also filed by these taxable foundations.

Form 1120-POL, U.S. Income Tax Return for Certain Politi- cal Organizations. Section 501(c) organizations must file Form 1120-POL if they are treated as having political organization taxable income under section 527(f)(1).

Form 1128, Application To Adopt, Change, or Retain a Tax Year. Form 1128 is used to request approval from the IRS to change a tax year or to adopt or retain a certain tax year.

Form 2220, Underpayment of Estimated Tax by Corpora- tions. Form 2220 is used by corporations and trusts filing Form 990-PF to see if the foundation owes an addition to tax and to figure the amount of the addition to tax. Generally, the foundation isn't required to file this form because the IRS can figure the amount of any addition to tax and bill the foundation for it. However, complete and attach Form 2220 even if the foundation doesn't owe the addition to tax if:

Form 5471, Information Return of U.S. Persons With Re- spect to Certain Foreign Corporations. Used by certain U.S. persons that are shareholders in certain foreign corporations, in compliance with sections 6038 and 6046.

Form 5500, Annual Return/Report of Employee Benefit Plan. Used to report information concerning employee benefit plans and Direct Filing Entities.

Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns. Used by nonexempt charitable trusts and taxable foundations to request extension of time to file income tax returns.

Form 8282, Donee Information Return. Required of the donee of “charitable deduction property” that sells, exchanges, or otherwise disposes of the property within 3 years after the date it received the property. Also required of any successor donee that disposes of charitable deduction property within 3 years after the date the donor gave the property to the original donee. It doesn't matter who gave the property to the successor donee. It may have been the original donee or another successor donee.

Form 8283, Noncash Charitable Contributions. Donors must file Form 8283 to report information about certain noncash charitable contributions in order to substantiate a charitable deduction under section 170. The donor may need to obtain an acknowledgement by the donee foundation in Part IV of Form 8283.

Form 8275, Disclosure Statement. Taxpayers and tax return preparers should attach this form to Form 990-PF to disclose items or positions (except those contrary to a regulation—see Form 8275-R below) that aren't otherwise adequately disclosed on the tax return. The disclosure is made to avoid parts of the

Form 2848, Power of Attorney and Declaration of Repre- sentative. Used to authorize an individual to represent you in matters before the IRS, such as the filing of Form 1023.

Form 3115, Application for Change in Accounting Method. Used to request a change in either an overall method of accounting or the accounting treatment of any item, in situations not covered by Rev. Proc. 85-58, 1985-18 I.R.B. 5.

Form 3520, Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts. Used by U.S. persons to report certain transactions with foreign trusts, ownership of foreign trusts under the grantor trust rules of sections 671–679, and receipt of certain large gifts or bequests from certain foreign persons.

Form 4506-A, Request for a Copy of Exempt or Political Or- ganization IRS Form. Used to inspect or request a copy of an exempt or political organization's return, report, or notice.

Form 4506-B, Request for a Copy of Exempt Organization IRS Application or Letter. Used to request a copy of an exempt or political organization's exempt application, determination letter, or affirmation letter.

Form 4720, Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code. Is primarily used to determine the excise taxes imposed on:

• Acts of self-dealing between private foundations and disqualified persons,

• Failure to distribute income,

• Excess business holdings,

• Investments that jeopardize a foundation's charitable purposes,

• Making political or other noncharitable expenditures,

• Prohibited tax shelter transactions, and

• Excess executive compensation.

• The annualized income or the adjusted seasonal installment method is used; or

• The foundation is a “large organization,” (see O. Figuring and Paying Estimated Tax, later) figuring its first required installment

based on the prior year's tax. If Form 2220 is attached, check the box on Form 990-PF, Part V, line 8, and enter the amount of any penalty on this line.

Instructions for Form 990-PF (2025) 5

accuracy-related penalty imposed for substantial understatement of tax or disregard of rules or regulations language in sections 1.6662-3(b)(2) and 1.6662-3(c)(2). See also IRM 20.1.5.8.2.1. Form 8275 is also used for disclosures relating to preparer penalties for understatements due to unrealistic positions or for willful or reckless conduct.

Form 8275-R, Regulation Disclosure Statement. Use this form to disclose any item on a tax return for which a position has been taken that is contrary to Treasury regulations.

Form 8300, Report of Cash Payments Over $10,000 Re- ceived in a Trade or Business. Used to report cash amounts in excess of $10,000 received in a single transaction (or in two or more related transactions) in the course of a trade or business (as defined in section 162).

Form 8621, Information Return by a Shareholder of a Pas- sive Foreign Investment Company or Qualified Electing Fund. A U.S. person that is a direct or indirect shareholder of a passive foreign investment company (PFIC) may need to file. But see Regulations section 1.1291–1(e) with respect to tax-exempt foundations.

Form 8821, Tax Information Authorization. Used to authorize an individual or organization to inspect and/or receive your confidential tax information on designated matters.

Form 8822-B, Change of Address or Responsible Par- ty—Business. Used by taxpayers to notify the IRS of changes in business mailing address, business location, or responsible party.

Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships. Used by U.S. persons to report information required under section 6038 (controlled foreign partnerships), section 6038B (transfers to foreign partnerships), or section 6046A (acquisitions, dispositions, and changes in foreign partnership interests).

Form 8868, Application for Extension of Time To File an Ex- empt Organization Return or Excise Taxes Related to Em- ployee Benefit Plans. Used by an exempt organization to request an automatic 6-month extension of time to file its return or, by a Form 5330 filer to request an extension of up to 6 months to file a return for excise taxes related to employee benefit plans.

Form 8870, Information Return for Transfers Associated With Certain Personal Benefit Contracts. Used to identify those personal benefit contracts for which funds were transferred to the organization, directly or indirectly, as well as the transferors and beneficiaries of those contracts.

Form 8886, Reportable Transaction Disclosure Statement. Used to disclose information for each reportable transaction in which the organization participated, including but not limited to a prohibited tax shelter transaction. Exempt organizations may also be required to file Form 8886-T in such case.

Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited Tax Shelter Transaction. Used by an exempt organization to disclose that it was a party to a prohibited tax shelter transaction.

Form 8899, Notice of Income From Donated Intellectual Property. Used to report income from qualified intellectual property.

Form 8940, Request for Miscellaneous Determination. Used by private foundations, government entities requesting voluntary termination of exempt status under section 501(c)(3), and nonexempt charitable trusts to obtain certain determinations including advance approval of individual grant procedures (section 4945(g)), advance approval of certain set-asides (section 4942(g)(2)), advance approval of voter registration activities (section 4945(f)), and termination of private foundation

status (section 507(b)(1)(B)). Nonexempt charitable trusts also file this form to request an initial determination under section 509(a)(3). Canadian registered charities file this form to be listed as an organization described in section 501(c)(3) on IRS.gov or request classification as a public charity rather than a private foundation.

FinCEN Form 114, Report of Foreign Bank and Financial Accounts. Used by organizations formed or organized in or under the laws of the United States to report a financial interest in or signature authority over a foreign financial account if the aggregate value exceeds $10,000 at any time during the calendar year.