nishavithalani
Level 1
 
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abctax55
Level 15

Actually, to answer the specific question asked:

No

HumanKind... Be Both

View solution in original post

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nishavithalani
Level 1
Thanks
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IRonMaN
Level 15
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abctax55
Level 15
But why does anyone send out the whole friggin' form?  
We've had questions about getting K-1's invested in by the IRA's.  And questions about what to do with UBIT shown on K-1's.
NMI..
HumanKind... Be Both
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abctax55
Level 15

A Not For Profit organization uses a F 990-T to report taxable income.

Are you sure that's the form your client received?

HumanKind... Be Both
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nishavithalani
Level 1
Yes my client received this.
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abctax55
Level 15
OK...why?  The form isn't sent to individuals, it is filed with the IRS. Is your client on the Board on the Mot for Profit Organization?
HumanKind... Be Both
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