990-T Require efile for public universities

Forum|Forum|3 years ago
August 14, 2022
1 reply
14 views

So I have a 990-T that is required to be efiled for 2020. However, the software is requiring an exemption status code to be entered in Section B. This public university is not tax exempt under a 501c3 (its a state school) and has never received an exemption. Section B of the IRS instructions indicates if that is the case, nothing is to be entered in Section B. Has anyone found a work around for this? I cannot be in compliance with the IRS if the software isn't giving me another option? Thanks in advance.

Business

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sjrcpa

Level 15

So, under what section is it tax-exempt?

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

B

BelztaxesAuthor

Level 2

They don't have an exemption number or status. When paper filed, we would also indicate 115(A) but that isn't an option in the software. Not all universities get their exemption status but they are defaulted based on IRS standards for educational organizations. There is also no group exemption number.

sjrcpa

Level 15

So, under what IRC Section are they exempt?

Some orgs do not need to apply for exemption but are nonetheless exempt, i.e churches.

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

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