Common questions about 990, 990EZ or 990PF Schedule B Contributions Gifts and Grants in Lacerte

1. Open Screen 16, Contributions, Gifts, and Grants.
2. Enter total cash and non-cash support amounts.
3. In the Gifts, Grants list, select Schedule of Contributors.
4. Enter each contributor's information.

1. Open Screen 16, Contributions, Gifts, and Grants.
2. In the Gifts, Grants list, select Schedule of Contributors.
3. Enter each contributor's information.
4. Open Screen 52, Charity Status & Support.
5. Select the check box by either Organization is Operated for the Benefit of a College or University Owned or Operated by a Governmental Unit, Organization is One that Normally Receives a Substantial Part of its Support from a Governmental Unit or from the General Public, or Organization is a Community Trust.

Note: The program automatically calculates Special Rule when you enter information in Screens 16, Schedule of Contributors and Screen 52, Charity Status & Support

Form 990, Schedule B Does Not Populate Contributors Name or Address

There are two ways to print the public disclosure copy:

1. Go into Screen 16.1, Contributions, Gifts, and Grants
2. Scroll to the Miscellaneous - Schedule of Contributors section
3. Check the box Apply public disclosure copy

or

1. Go to Settings -> Options.
2. Click on the Items to Print tab.
3. Under the Print Settings section, change Public Disclosure Copy of Schedule B to 'Yes'.

When neither condition applies, the filing copy (complete with contributor personal information) is generated.

Note: The setting under Items to Print is set separately for each copy of the return (preparer file, client, government). The forms view reflects the option selected for the Preparer Review copy.

Note: The Public Disclosure Copy cannot be e-filed. Doing so will generate the following e-file rejection:

Error Code SB-F990-013: On Schedule B (Form 990, 990-EZ, or 990-PF), Part I each entry for "Contributors" must be complete. If Column (b) for an entry in Part I contains the value "Pd. 527(j)(1)" (checkbox "Pd527j1 is checked), then "Aggregate contributions" must have a value. If Column (b) for an entry contains a value other than "Pd. 527(j)(1)", then "Number", "Name", "Address" and "Aggregate contributions" must have a value and one or more of the checkboxes for Type of Contribution - "Person", "Payroll" or "Noncash" must be checked

If the first check box under Special Rules on page 1 is checked, then Contributors of the greater of $5,000 or two percent of the total contributions are listed.

On the Schedule A, Page 1, Part I, selecting boxes 5, 7, or 8 utilizes section 170(b)(1)(A). This is the section for applying the Special Rule.

Box 9 falls under the General Rule. To override these rules;

1.  Go to Screen 16,  Contributions, Gifts, and Grants.
2. Enter a '1' or '2' in the field 501(c)(3) orgs: 1 = apply general rule, 2 = apply special rule (input sheet code 9).

There are multiple things to check to force the Schedule B Special Rules box to check:

1. The organization has to be a 501(c)(3) organization filing Form 990 or 990EZ ("Type of Return" entered on input screen 1)
2. The Reason for Public Charity Status screen (screen 52.1) for Schedule A has a check box selected for either:

• "Organization is operated for the benefit of a college or university owned or operated by a governmental unit (Section 170(b)(1)(A)(iv))" (screen 52.1, code 7)
• "Organization is one that normally receives a substantial part of its support from a governmental unit or the general public (Section 170(b)(1)(A)(vi))" (screen 52.1, code 8)
• "Organization is a community trust (Section 170(b)(1)(A)(vi))" (screen 52.1, code 9)

and all five years prior information has been entered on the Support Information screen (screen 52.2)  or an entry has been made in the "First five years of organization: 1 = yes, 2 = no [O]" (code  57)

    4.  The organization must pass the 33 1/3 percent rule on Schedule A, page 3 line 15. Prior year support information must also be included on Schedule A, part III (this input originates from screen 52.2).

5.  The special rule will not apply if no one contributor has contributed the greater of $5000 or 2% of the amount on Line 8 of Form 990 or 990EZ.

For tax years 2007 and earlier:

On the Schedule A, Page 2, Part IV, selecting the box on line 12  utilizes code 509 (a)(2). Selecting boxes 10 or 11 utilizes 509(a)(1). This is the section for applying the Special Rule.

Box 12  falls under General Rule. There is an override for these rules in screen 16.1 "Contributions, Gifts, and Grants" (for TY2005, screen 15) code 9.

There are multiple things to check for to get the first Schedule B Special Rules box to check:

•  The organization has to be a 501(c)(3) organization filing Form 990 or 990EZ (input screen 1)
• Make sure box 10, 11a or 11b is checked on screen 54 (Non-Private Foundation Status) in 2007
• The organization must pass the 33 1/3 percent rule on Schedule A, page 4 (page 3 in 2006 and prior years) line 26f. They have to have prior year support information on Schedule A.
• The special rule will not apply if no one contributor has contributed the greater of $5000 or 2% of the amount on Line 1 of Form 990 or 990EZ