990 Non-Profit Organization Income Tax Enhancements

E-file

New Features and Options for E-file

We are adding a new e-file option to disqualify federal and state returns. When the option is selected, it will generate an e-file reject diagnostic.

Federal

Form 990T

We are adding the following forms for Form 990T at the end of the 2020 tax year:

  • Form 1118: Foreign Tax Credit for Corporations

  • Form 3800: General Business Credit

  • Form 8453-EO: Exempt Organization Declaration and Signature

  • Form 8453-EO for Form 4720

  • Form 4136: Credit for Federal Tax Paid on Fuels

  • Form 8801: Credit for Prior-Year Minimum Tax- Individuals, Estates, and Trusts

  • Form 8827: Credit for Prior-Year Minimum Tax – Corporations

New Forms

We are adding the following form:

  • Form 851: Affiliations Schedule (adding at the end of the 2020 tax year)

  • Form 8865: Schedule K-2 Partners’ Distributive Share Items – International

  • Form 8865: Schedule K-3 Partner’s Share of Income, Deductions, Credits, etc. – International

States

No new features for this tax year.

 

 

 

RS Resources/990_enhancements.htm/TY2021

Last Modified: 11/11/2020

Last System Build: 09/25/2022

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