File 990-T extension
Extension form 8868 for the 990-T will only print if there's enough data entry for the 990-T to calculate.
Enter the following to calculate 990-T:
- Set up 1 or more unrelated business activities in the990-T Activitiesfolder with a description and unrelated business code on theActivTscreen.
- Enter 1 or more income items on theIncome,IncomePF,Event,Event-PF, orRentscreen. Identify income items as taxable by using an unrelated business activity code.
- Make sure 1 of the following is true:
- The sum of the unrelated income amounts (Form 990-T, Page 2, Line 33) is greater than or equal to $1,000.
- The current-year overpayment (Form 990-T, Part V, line 54) equals at least $1.
The following exceptions will also calculate the 990-T:
- When proxy tax is due on Form 990-T, Part IV, related to lobbying activities (section 501(c)(4), 501(c)(5), or 501(c)(6) organizations).
- When a claim of refund due to backup withholding is erroneously withheld and you enter the amount of withholding on the990Tscreen
- For employee provided fringe benefits subject to tax (per TCJA legislation, December 2017), Line 34 will complete based on the 990T screen, and Form 990-T will print.
You can also mark the
Print Form 990-T (Force)
checkbox on the OthInfo
screen in the General
folder, or enter a Balance due on extension
on the Ext
or ExtPF
screen in the Payments
folder.
