Which Parts To Complete

Organizations with unrelated business taxable in- come. Organizations with UBTI must complete Form 990-T, and also a separate Schedule A (Form 990-T) for each separate unrelated trade or business. See Regulations section 1.512(a)-6. Complete all Schedules A (Form 990-T) first. See General Instructions Schedule A (Form 990-T), later.

Consolidated returns. The consolidated return provisions of section 1501 don’t apply to exempt organizations, except for organizations having title holding

companies. If a title holding corporation described in section 501(c)(2) pays any amount of its net income for a tax year to an organization exempt from tax under section 501(a) (or would, except that the expenses of collecting its income exceeded that income), and the corporation and organization file a consolidated return as described below, then treat the title holding corporation as being organized and operated for the same purposes as the other exempt organization (in addition to the purposes described in section 501(c)(2)).

Two organizations exempt from tax under section 501(a), one a title holding company and the other earning income from the first, will be includible corporations for purposes of section 1504(a). If the organizations meet the definition of an affiliated group and the other relevant provisions of chapter 6, then these organizations may file a consolidated return. The parent organization must attach Form 851, Affiliations Schedule, to the consolidated return. For the first year a consolidated return is filed or for the first year a new corporation is added to a consolidated return, the title holding company must attach Form 1122, Authorization and Consent of Subsidiary Corporation To Be Included in a Consolidated Income Tax Return. See Regulations section 1.1502-100.

• The heading (above Part I) except items J and K.

• Part II, lines 1, 3, and 7.

• Part III.

• Signature area.

Organizations with no UBTI. An organization with no UBTI that needs to file Form 990-T should complete and file Form 990-T only. Such an organization does not complete or attach Schedule A (Form 990-T) to its return.

Elective payment election only. Organizations that are filing with regard to making an elective payment election and have no unrelated business taxable income, including applicable entities (as defined earlier) not subject to federal income tax and not otherwise required to file any annual tax or information return, must complete the following lines of Form 990-T.

• The heading area above Part I, except items B, C, E, J, K, and L.

• If the organization type in item G is “6417(d)(1)(A) Applicable entity,” then in Part II, enter -0- and check the box for “Tax rate schedule” on line 2 and enter -0on line 7.

• If the organization type in item G is “501(c) corporation,” then in Part II, enter -0- on lines 1 and 7.

• If the organization type in item G is “501(c) trust,” “401(a) trust,” or “Other trust” then in Part II, enter -0and check the box for “Tax rate schedule” on line 2 and enter -0- on line 7.

• If the organization type in item G is “State college/ university,” then in Part II, enter -0- on lines 1 and 7.

• Part III, lines 6g, 7, 10, and 11.

• Signature area.

In addition, complete and attach Form 3800, and all forms required to compute each applicable credit. Refer to the instructions for Form 3800 for more information.

Proxy tax only. Organizations that are required to file Form 990-T, only because they are liable for the proxy tax on lobbying and political expenditures, must complete the following.

4 Instructions for Form 990-T (2025)

• Attach a statement showing the proxy tax computation.

Other taxes. Organizations that are required to file Form 990-T only because they are liable for tax under section 1291 or tax previously deferred under section 1294, recapture taxes, the tax on a hospital organization’s non-compliant facility income, or other items listed in the instructions for Part III, line 4, must complete the following.

• The heading above Part I except items J and K.

• The applicable lines of Parts II and III.

• Signature area.

• Attach all appropriate forms and/or schedules showing the computation of the applicable tax or taxes.

Other amounts due. Organizations that are required to file Form 990-T, only because they are liable for amounts due because of the recapture of a tax credit, or other items listed in the instructions for Part III, line 3, must complete the following.

• The heading above Part I except items J and K.

• The applicable lines of Parts II and III.

• Signature area.

• Attach all appropriate forms and/or schedules showing the computation of the applicable tax or taxes.

Claim for refund (including special instructions for IRA trustees or direct payments of certain credits). If your only reason for filing a Form 990-T is to claim a refund or request a credit, complete the following.

• The heading above Part I except items J and K.

• Enter -0- on Part I, lines 1 and 11, and Part III, line 4.

• Enter the credit or payment on Part III, lines 6a through 6g, as appropriate.

• Part III, lines 7, 10, and 11.

• Signature area.