Who needs to file Form 990-T?

A disregarded entity, a domestic or foreign organization exempt under section 501(a), section 529(a), or section 529A(a) that received $1000 or more of gross income from an unrelated business is required to
file Form 990-T along with their 990 series return (Form 990, 990-EZ, and 990-PF). Filing Form 990-T is to provide information on Unrelated business taxable income to the IRS.

For more information about filing form 990-T, visit https://www.expresstaxexempt.com/e-file-form-990-t/

When is the due date to file Form 990-T?

The due for filing Form 990-T with the IRS varies based on the filing organization’s accounting period.

Type of Organization Deadline
Employees' trusts, defined in section 401(a), IRAs (including SEPs and SIMPLEs), Roth IRAs, Coverdell ESAs, or 408(a) (Archer MSAs) 15th day of the 4th month after the end of the tax year.
Other Organizations 15th day of the 5th month after the end of the tax year.

What is Form 990-T schedule A?

The due for Form 990-T schedule A is a default statement attached with Form 990-T. If the filing organization engages in more than one unrelated trade or business, the organization must complete and attach the required number of schedule A to report income and allowable deduction for each separate unrelated trade or business.

Click here to know about Form 990-T Schedule A in detail.

What are the steps to e-file Form 990-T?

To e-file 990-T, get started with an IRS authorized e-file service provider like express990 and follow these simple steps:

Step -1
Enter your EIN and search for your organization’s details.
Enter your EIN and search for your organization’s details.
Step -2
Select the tax year you’re filing for Form 990-T
Select the tax year you’re filing for Form 990-T
Step -3
Complete your form using our direct form-based entry.
Complete your form using our direct form-based entry.
Step -4
Review your form and make any necessary corrections.
Review your form and make any necessary corrections.
Step -5
Finally, transmit your return to the IRS.
Finally, transmit your return to the IRS.

Advantages of E-Filing Form 990-T with Express990

Express990 is an IRS authorized e-file provider and a preferred option for thousands of exempt organizations to file their 990 information return. You can file your Form 990-T return quickly and securely with our service. We also provide instant status updates of your return once it is transmitted to the IRS.

If you have any corrections in your form you can amend it through our software. And if your Form got rejected by the IRS for any reason, you can correct and re-transmit it to the IRS for FREE.

How to get more time to file Form 990-T?

If your organization needs additional time to file Form 990-T, you can request an automatic extension of time using Form 8868, Application for Automatic Extension of Time To File an Exempt Organization Return.

Note - Even if you request an extension with Form 8868, you will still need to pay any taxes due in full by the return’s original due date.

Helpful Resources

What is Form 990-T?

What is Form 990-T?

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Form 990-T instructions

Form 990-T instructions

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Form 990-T Schedule A

Form 990-T Schedule A

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