Can I deduct income tax paid previous year on form 990

varga-edmund · ‎12-07-2019

abctax55 · ‎12-07-2019

What tax did the non-profit actually pay? UBIT? Federal or State?

HumanKind... Be Both

varga-edmund · ‎12-07-2019

I paid 990T Exempt Org Business Income Tax, can I deduct this as an expense?

IRonMaN · ‎12-07-2019

It will show up as an expense item on the 990 itself, but you can't deduct prior year federal taxes on a 990T.

Slava Ukraini!

sjrcpa · ‎12-07-2019

The more I know the more I don’t know.