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Exempt Organizations Technical Guide›TG 62: Excise Taxes on Taxable Expenditures – IRC Section 4945›Table of Contents

A. Issue Indicators

Publication 5590 — Exempt Organizations Technical Guide TG 62: Excise Taxes on Taxable Expenditures under IRC 4945 · 2026-10-03 edition · updated 2026-10-04 · United States

(1) The foundation has incurred taxable expenditures, but no Form 4720 has been

filed.

(2) Amounts spent to carry on propaganda or attempt to influence legislation.

(3) Expenditures to influence any specific public election outcome, or to carry on a

partisan voter registration drive (directly or indirectly).

(4) Amounts paid as a grant to an individual for travel, study, or other similar

purposes, unless the grant satisfies Section 4945(g).

(5) Amounts disbursed as a grant to an organization, unless the organization is a

public charity (other than certain supporting organizations) or the private foundation exercises expenditure responsibility per Section 4945(h).

(6) Expenditures paid or incurred for any purpose other than one in Section

170(c)(2)(B).

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▸Contents — Publication 5590 — Exempt Organizations Technical Guide TG 62: Excise Taxes on Taxable Expenditures under IRC 4945

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