Drake Tax - 990: Part IV
Article #: 10859
Last Updated: December 05, 2024
Tags: Drake Tax
Most of the questions for Part IV, Checklist of Required Schedules, can be answered on the two screens comprising screen 5 (press Page Down to access the second screen). Several questions must be answered elsewhere in the software. Details are shown below for each line number.
Chart
Part IV Line Number | Screen to use in Drake Tax |
---|---|
1 | Screen 1 - Section H "Tax-exempt Status" |
2 | Screen 1 - Line 2 "Mark this box if organization is NOT required to file Schedule B" |
3 | Screen 5, Part IV Checklist of Required Schedules |
4 | Screen 5, Part IV Checklist of Required Schedules |
5 | Screen 5, Part IV Checklist of Required Schedules |
6 | Screen 5, Part IV Checklist of Required Schedules |
7 | Screen 5, Part IV Checklist of Required Schedules |
8 | Screen 5, Part IV Checklist of Required Schedules |
9 | Screen 5, Part IV Checklist of Required Schedules |
10 | Screen 5, Part IV Checklist of Required Schedules |
11a | Part X, Line 10 of the balance sheet must be significant (D3 Screen) |
11b | Part X, Line 12 of the balance sheet must be 5% or more of its total assets on Part X, Line 16 |
11c | Part X, Line 13 of the balance sheet must be 5% or more than the total assets reported on Part X, Line 16 |
11e | Part X, Line 25 must be significant |
11f | Screen D > click the blue link for Schedule D Supplemental Info. For Reference, choose Schedule D13 – Footnote for Uncertain Tax Position under Fin 48 and enter an Explanation. |
12a | Screen 5, Part IV Checklist of Required Schedules |
12b | Screen 5, Part IV Checklist of Required Schedules |
13 | Schedule A, Line 2 |
14a | Screen 5, Part IV Checklist of Required Schedules |
14b | Screen 5, Part IV Checklist of Required Schedules |
15 | Screen 5, Part IV Checklist of Required Schedules |
16 | Screen 5, Part IV Checklist of Required Schedules |
17 | Screen 9a - Must have more than $15,000 of expenses for professional fundraising services on Part IX, column (A), Lines 6 and 11e |
18 | Screen 8 - Must have more than $15,000 total of fundraising event gross income and contributions on Part VIII, Lines 1c and 8a |
19 | Screen 8 - Must be more than $15,000 of gross income from gaming activities on Screen 8, Part VIII, Line 9a |
20a | Schedule H |
20b | 20a must be checked Yes and Screen 5, Part IV Checklist of Required Schedules, Line 20b Checked Yes |
21 | Screen 9a - Must report more than $5,000 on Part IX, Column A, Line 1 |
22 | Screen 9a - Must report more than $5,000 on Part IX, Column A, Line 2 |
23 | OFF Screen - Answer Yes to Part VII, Section A, Lines 3, 4, or 5 |
24a | Screen 5, Part IV Checklist of Required Schedules |
24b | Screen 5, Part IV Checklist of Required Schedules |
24c | Screen 5, Part IV Checklist of Required Schedules |
24d | Screen 5, Part IV Checklist of Required Schedules |
25a | Screen 5, Part IV Checklist of Required Schedules |
25b | Screen 5, Part IV Checklist of Required Schedules |
26 | Screen 5, Part IV Checklist of Required Schedules |
27 | Screen 5, Part IV Checklist of Required Schedules |
28a | Screen 5, Part IV Checklist of Required Schedules |
28b | Screen 5, Part IV Checklist of Required Schedules |
28c | Screen 5, Part IV Checklist of Required Schedules |
29 | Screen 8 - Must have over $25,000 on Part VIII, Statement of Revenue, Part VIII |
30 | Screen 5, Part IV Checklist of Required Schedules |
31 | Screen 5, Part IV Checklist of Required Schedules |
32 | Screen 5, Part IV Checklist of Required Schedules |
33 | Screen 5, Part IV Checklist of Required Schedules |
34 | Screen 5, Part IV Checklist of Required Schedules |
35a | Screen 5, Part IV Checklist of Required Schedules |
35b | Screen 5, Part IV Checklist of Required Schedules |
36 | Screen 5, Part IV Checklist of Required Schedules |
37 | Screen 5, Part IV Checklist of Required Schedules |
38 | Schedule O with Schedule numbers O12 and O18 |