Schedule B overview (990)

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Per the IRS, Schedule B (Form 990, 990-EZ, or 990-PF) is used to provide information on contributions the organization reported on:

  • Form 990, Return of Organization Exempt From Income Tax, Part VIII, Statement of Revenue, line 1;
  • Form 990-EZ, Short Form Return of Organization Exempt From Income Tax, Part I, line 1; or
  • Form 990-PF, Return of Private Foundation, Part I, line 1.

Schedule B requirements

See the Schedule B instructions to determine the requirements for filing. If the return is not required to file Schedule B, one of the following lines will be marked No on the return.

  • Form 990, Part IV, Line 2
  • Form 990-EZ, Line H
  • Form 990-PF, Line 2

Entering contributor information

Choose View > Contributors / Officers > Contributors Information to enter contributor information. Contributors who contribute $5,000 or more will appear on Schedule B. You are required to enter each contributors address if you e-file the return.

Hide contributor name and address

To remove or hide the name and address of a contributor on Schedule B, mark the option  Do not disclose contributor name and address information on the Contributor Information tab. The contributions will still show on Part I of Schedule B but the name and address will show as N/A. If you e-file, the application includes the name and address in the e-file because the IRS requires it. It will not appear on the return itself.

Section 501(c)(3) and Section 527 organizations are required to show the name and address of each contributor that shows on Schedule B. Other organizations may enter N/A in Part 1, column b. For more information about the requirement to report names and addresses see the Schedule B instructions for more information.

See Entering contributor information for more information regarding contributor information.

General and special rules

The application automatically marks the correct rule(s) based on IRS requirements and your data entry. There is no single input field to choose a rule.

If none of the rules are met, the application automatically marks “No” on Form 990, Part IV, line 2, Form 990-EZ, Line 1H, or Form 990-PF, Part I, line 2.

General rule

The general rule is marked for any organization that received a contribution greater than or equal to $5,000 from any one contributor. To add or edit contributors and contributions, choose View > Contributors/Officers > Contributor Information or Contribution.

See the line instructions on Schedule B Page 1 next to the general rule checkbox for the requirements.

First special rule

The first special rule is marked in the following scenario:

  • Tax-exempt status is Section 501(c) or 4947(a)(1);
  • If the Tax-exempt status is Section 501(c) the Code section number if exempt must be a 3; And
  • Support test from Schedule A, Part II, Line 14 is greater than 33 1/3 percent and has been met even though Part II may not be required.

See the line instructions on Schedule B Page 1 next to the first special rule checkbox for the requirements.

Note:

  • To force the public support test to calculate go to screen SchA in the Schedule A folder, then select 1 = Calculate part II when not required in field Public support test for Schedule B.
  • To suppress the public support test for Schedule B choose 2 = Suppress support test for Schedule B in the Public support test for Schedule B field.

Second special rule

The second special rule is marked if all the following is true:

  • Tax-exempt status is Section 501(c) on Screen 990 in the General folder;
  • Code section number if exempt is 7, 8, or 10 on Screen 990; And
  • At least one contributor has contributed $1,000 or more and Charitable contribution is marked on the Section 501(c)(7),(8),(10) tab on the Contributor Information window for that contributor.

See the line instructions on Schedule B Page 1 next to the second special rule checkbox for the requirements.

Note: If the above is completed, contributors who gave $1,000 or more and have marked Charitable contribution will show on Part 1 of Schedule B with N/A filled in for the name and address.

Third special rule

The third special rule is marked if all the following is true:

  • Tax-exempt status is Section 501(c) on Screen 990 in the General folder;
  • Code section number if exempt is 7, 8, or 10 on Screen 990; And
  • No contributor has contributed $1,000 or more and Charitable contribution is marked on the Section 501(c)(7),(8),(10) tab on the Contributor Information screen for that contributor.

See the line instructions on Schedule B Page 1 next to the third special rule checkbox for the requirements.

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