Other Forms That May Be Required

Forms W-2 and W-3. File Form W-2, Wage and Tax Statement, and Form W-3, Transmittal of Wage and Tax Statements, to report wages, tips, other compensation, withheld income taxes, and withheld social security/ Medicare taxes for employees.

Form 461. Noncorporate taxpayers may need to file Form 461, Limitation on Business Losses. See Form 461 and its instructions.

Form 720. File Form 720, Quarterly Federal Excise Tax Return, to report environmental excise taxes, communications and air transportation taxes, fuel taxes, manufacturers taxes, ship passenger tax, and certain other excise taxes. See Trust fund recovery penalty , earlier.

Form 926. File Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation, if the organization is required to report certain transfers to foreign corporations under section 6038B.

Form 940. File Form 940, Employer’s Annual Federal Unemployment (FUTA) Tax Return, if the organization is liable for FUTA tax.

Form 941 and Form 943. File Form 941, Employer’s QUARTERLY Federal Tax Return; or Form 943,

6 Instructions for Form 990-T (2025)

Employer’s Annual Federal Tax Return for Agricultural Employees, to report income tax withheld, and employer and employee social security and Medicare taxes. Also, see Trust fund recovery penalty, earlier.

Form 945. File Form 945, Annual Return of Withheld Federal Income Tax, to report income tax withheld from nonpayroll distributions or payments, including pensions, annuities, IRAs, gambling winnings, and backup withholding.

Form 965-A and Form 965-B. See Form 965-A, Individual Report of Net 965 Tax Liability; Form 965-B, Corporate and Real Estate Investment Trust (REIT) Report of Net 965 Tax Liability and Electing REIT Report of 965 Amounts; and their respective instructions, for more information.

Form 1098. File Form 1098, Mortgage Interest Statement, to report the receipt from any individual of $600 or more of mortgage interest (including points) in the course of the organization’s trade or business and reimbursements of overpaid interest.

Forms 1099-A, B, DIV, INT, LTC, MISC, NEC, OID, R, S, and SA. Organizations engaged in an unrelated trade or business may be required to:

• File an information return on Forms 1099-A, B, DIV, INT, LTC, MISC, NEC, OID, R, S, and SA;

• Report acquisitions or abandonments of secured property through foreclosure;

• Report proceeds from broker and barter exchange transactions;

• Report certain dividends and distributions;

• Report interest income;

• Report certain payments made on a per diem basis under a long-term care insurance contract, and certain accelerated death benefits;

• Report miscellaneous income (such as payments to providers of health and medical services, and miscellaneous income payments);

• Report nonemployee compensation;

• Report original issue discount;

• Report distributions from retirement or profit-sharing plans, IRAs, SEPs, SIMPLEs, and insurance contracts;

• Report proceeds from real estate transactions; and

• Report distributions from an HSA, an Archer MSA, or a Medicare Advantage MSA.

Form 4466. File Form 4466, Corporation Application for Quick Refund of Overpayment of Estimated Tax, to apply for a quick refund if the organization overpaid its estimated tax for the year by at least 10% of its expected income tax liability and at least $500.

Form 5498. File Form 5498, IRA Contribution Information, to report contributions (including rollover contributions) to any IRA, including a SEP, SIMPLE, or Roth IRA, and to report Roth IRA conversions, IRAs, and the fair market value (FMV) of the account.

Form 5498-ESA. File Form 5498-ESA, Coverdell ESA Contribution Information, to report contributions (including rollover contributions) to a Coverdell ESA.

Form 5498-SA. File Form 5498-SA, HSA, Archer MSA, or Medicare Advantage MSA Information, to report

contributions to an HSA or Archer MSA, and the FMV of an HSA, an Archer MSA, or a Medicare Advantage MSA. See the Instructions for Forms 1099-SA and 5498-SA.

Form 5713. File Form 5713, International Boycott Report, if the organization had operations in, or related to, certain boycotting countries.

Form 5884-C. File Form 5884-C, Work Opportunity Credit for Qualified Tax-Exempt Organizations Hiring Qualified Veterans, to claim the work opportunity credit for qualified first-year wages paid to qualified veterans who began working for the organization on or after November 22, 2011, and before January 1, 2026.

Form 5884-D. File Form 5884-D, Employee Retention Credit for Certain Tax-Exempt Organizations Affected by Qualified Disasters, to claim the employee retention credit against certain payroll taxes if activities of the organization became inoperable because of damage from a qualified disaster. See the Instructions for Form 5884-D for more information.

Form 6198. File Form 6198, At-Risk Limitations, if the organization has a loss from an at-risk activity conducted as a trade or business or for the production of income.

Forms 8275 and 8275-R. Taxpayers and income tax return preparers file Form 8275, Disclosure Statement, and Form 8275-R, Regulation Disclosure Statement, to disclose items or positions taken on a tax return or that are contrary to Treasury regulations (to avoid parts of the accuracy-related penalty or certain preparer penalties).

Form 8300. File Form 8300, Report of Cash Payments Over $10,000 Received in a Trade or Business, if the organization received more than $10,000 in cash or foreign currency in one transaction or in a series of related transactions. See Form 8300, Instructions for Form 8300, and Regulations section 1.6050I-1(c).

Form 8582. File Form 8582, Passive Activity Loss Limitations, for trusts that have losses (including prior-year unallowed losses) from passive activities.

Form 8697. File Form 8697, Interest Computation Under the Look-Back Method for Completed Long-Term Contracts, to figure the interest due or to be refunded under the look-back method of section 460(b)(2). The look-back method applies to certain long-term contracts that are accounted for under either the percentage method or the completion-capitalized cost method.

Form 8810. File Form 8810, Corporate Passive Activity Loss and Credit Limitations, for closely held corporations that have losses or credits (including prior-year unallowed losses and credits) from passive activities.

Form 8865. File Form 8865, Return of U.S. Persons With Respect to Certain Foreign Partnerships, if the organization:

1. Controlled a foreign partnership (that is, owned more than a 50% direct or indirect interest in the partnership);

2. Owned at least a 10% direct or indirect interest in a foreign partnership while U.S. persons controlled that partnership;

Instructions for Form 990-T (2025) 7

3. Had an acquisition, disposition, or change in proportional interest in a foreign partnership that:

a. Increased its direct interest to at least 10% or

reduced its direct interest of at least 10% to less than 10%;

b. Changed its direct interest by at least a 10%

interest; or

4. Contributed property to a foreign partnership in exchange for a partnership interest if:

a. Immediately after the contribution, the

organization directly or indirectly owned at least a 10% interest in the foreign partnership; or

b. The FMV of the property the organization

contributed to the foreign partnership in exchange for a partnership interest, when added to other contributions of property made to the foreign partnership by the organization or a related person during the preceding 12-month period, exceeds $100,000.

Also, the organization may have to file Form 8865 to report certain dispositions by a foreign partnership of property it previously contributed to that foreign partnership if it was a partner at the time of the disposition. See Form 8865 and its separate instructions.

Form 8886. File Form 8886, Reportable Transaction Disclosure Statement, to disclose information for each reportable transaction in which the organization participated. Form 8886 must be filed for each tax year that the federal income tax liability of the organization is affected by its participation in the transaction. The organization may have to pay a penalty if it is required to file Form 8886 but doesn’t do so. The following are reportable transactions.

• Any listed transaction that is the same as, or substantially similar to, tax avoidance transactions identified by the IRS.

• Any transaction offered under conditions of confidentiality for which the organization paid an advisor a fee of at least $250,000.

• Certain transactions for which the organization has contractual protection against disallowance of the tax benefits.

• Any transaction resulting in a loss of at least $10 million in any single year or $20 million in any combination of years.

• Certain transactions identified by the IRS in published guidance as a “transaction of interest” (a transaction that the IRS believes has a potential for tax avoidance or evasion, but hasn’t yet been identified as a listed transaction).

Form 8886-T. File Form 8886-T, Disclosure by Tax-Exempt Entity Regarding Prohibited Tax Shelter Transaction, to disclose information with respect to each prohibited tax shelter transaction to which the organization is a party.

Penalties. The organization may have to pay a penalty if it is required to disclose a reportable transaction under section 6011 and fails to properly complete and file Form 8886. The penalty is $50,000 ($200,000 if the reportable

transaction is a listed transaction) for each failure to file Form 8886 with its return or for failure to provide a copy of Form 8886 to the Office of Tax Shelter Analysis (OTSA). Other penalties, such as an accuracy-related penalty under section 6662A, may also apply. See the Instructions for Form 8886 for details.

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

Form 8925. File Form 8925, Report of Employer-Owned Life Insurance Contracts, which must be filed by every applicable policyholder owning one or more employer-owned life insurance contracts issued after August 17, 2006.

Form 8975. Certain U.S. persons that are the ultimate parent entity of a U.S. multinational enterprise group with annual revenue for the preceding reporting period of $850 million or more are required to file Form 8975, Country-by-Country Report. Form 8975 and its Schedules A (Form 8975), Tax Jurisdiction and Constituent Entity Information, must be filed with the income tax return of the ultimate parent entity of a U.S. multinational enterprise group for the tax year in or within which the reporting period covered by Form 8975 ends. For more information, see Form 8975, Schedule A (Form 8975), and the Instructions for Form 8975 and Schedule A (Form 8975).

Form 8978. File Form 8978, Partner’s Additional Reporting Year Tax, to report adjustments shown on Form 8986, Partner’s Share of Adjustment(s) to Partnership-Related Item(s), received from a partnership that has elected to push out adjustments to partnership-related items to their partners.

Form 8990. File Form 8990, Limitation on Business Interest Expense Under Section 163(j), to claim a deduction for business interest unless the taxpayer meets certain specified exceptions. Also, Form 8990 must be filed by any taxpayer that owns an interest in a partnership with current-year or prior-year carryover excess business interest expense allocated from the partnership.

Form 8991. File Form 8991, Tax on Base Erosion Payments of Taxpayers With Substantial Gross Receipts, for any corporation, other than a RIC, a REIT, or an S corporation, that has aggregate gross receipts of at least $500 million in 1 or more of the 3 preceding tax years ending with the preceding tax year.

Form 8993. File Form 8993, Section 250 Deduction for Foreign-Derived Intangible Income (FDII) and Global Intangible Low-Taxed Income (GILTI), for the allowance of a deduction for the eligible percentage of FDII. The deduction is allowed only to domestic corporations (not including REITs, RICs, and S corporations).

Form 8994. File Form 8994, Employer Credit for Paid Family and Medical Leave, to figure the employer credit for paid leave.

Form 8995. Refer to Form 8995, Qualified Business Income Deduction Simplified Computation, if you are a trust filing Form 990-T and have unrelated business income, to determine if you have qualified business

8 Instructions for Form 990-T (2025)

income (QBI) and may be allowed a QBI deduction under section 199A.

Form 8995-A. Refer to Form 8995-A, Qualified Business Income Deduction. Use this form to figure your qualified business income deduction. Use the separate Schedules A, B, C, and/or D, of Form 8995-A, as appropriate, to help calculate the deduction.

Form 8997. File Form 8997, Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments, annually to report investments held in a QOF at any time during the year. See the instructions for Form 8997.