28
Forms
Form 990-T
Exempt Organization
Business Income Tax Return
Form 990-W
Estimated Tax on Unrelated
Business Taxable Income for
Tax-Exempt Organizations
Form 1096
Annual Summary and
Transmittal of U.S.
Information Returns
Form 1099-MISC
Miscellaneous Income
Form 5578
Annual Certification of
Racial Nondiscrimination
for a Private School Exempt
from Federal Income Tax
Form 8282
Donee Information Return
Treasury Form 90.22.1,
Report of Foreign Bank
and Financial Accounts
Who Should Use Them
Churches and religious organizations.
Churches and religious organizations.
Churches and religious organizations.
Churches and religious organizations.
A church or religious organization
that operates a private school, whether
separately incorporated or operated
as part of its overall operations, that
teaches secular subjects and generally
complies with state law requirements
for public education.
Churches and religious organizations.
See form instructions
How They are Used
Churches and religious organizations
must file Form 990-T if they generate
gross income from an unrelated busi-
ness of $1,000 or more for a taxable
year.
If the tax on unrelated business income
is expected to be $500 or more, the
church or religious organization must
make estimated tax payments.
Use Form 990-W to compute the
estimated tax liability.
Use Form 1096 to transmit Forms
1099-MISC, W-2G and certain other
forms to the IRS.
A church or religious organization
must use Form 1099-MISC if it pays an
unincorporated individual or an entity
$600 or more in any calendar year for
gross rents; commissions, fees or other
compensation paid to non-employees;
prizes and awards; or other fixed and
determinable income.
File Form 5578 to certify that the
school does not discriminate based
on race or ethnic origin.
A church or religious organization must
file Form 8282 if it sells, exchanges,
transfers or otherwise disposes of cer-
tain non-cash donated property within
three years of the date it originally
received the donation. This applies
to non-cash property that had an
appraised value of more than $5,000
at time of donation.
See form instructions
For more information on unrelated
business income, see Unrelated
Business Income Tax (UBIT).
When to File
Form 990-T must be filed by the 15th
day of the 5th month after the organiza-
tion’s accounting period ends (May 15
for a calendar year accounting period).
Form 990-W is for computation
purposes only and does not need
to be filed.
Form 1096 must be filed by February
28 in the year following the calendar
year in which the payments were
made.
Churches or religious organizations
must furnish each payee with a copy
of Form 1099-MISC by January 31;
and file Copy A of Form 1099-MISC
with the IRS by February 28.
Form 5578 must be filed on or
before the 15th day of the 5th month
following the end of the organization’s
taxable year (May 15 for a calendar
year).
If an organization files Form 990 or
Form 990-EZ, the certification must
be made on Schedule A (Form 990
or Form 990-EZ).
The church or religious organization
must file Form 8282 with the IRS within
125 days of date of disposition of
the property; and furnish the original
donor with a copy of the form.
See form instructions
See the Instructions for
Form 1099-MISC for details.
For information on racial and ethnic
nondiscriminatory policies, see
Revenue Procedure 75-50, 1975-2
C.B. 587 at www.irs.gov.
Note: It is not considered racially discriminatory for a parochial school to select students on
the basis of membership in a religious denomination if membership in the denomination is open
to all on a racially nondiscriminatory basis. Further, a seminary, or other purely religious school,
that primarily teaches religious subjects usually with the purpose of training students for the
ministry, is not subject to the racially nondiscriminatory requirements because it is considered
to be a religious rather than an educational organization.