Section 179 Expensing

The software does not support Section 179 expensing for Form 990-T. The total amount of depreciation and 179 expensing may be entered on the override lines available on screen 84.

Form 4562 may be completed and printed to include with a paper-filed return using the fillable form at IRS.gov.

Unrelated business income

For 990-T to calculate you must enter at least the name of the unrelated trade or business on screen 84. You must complete 990-T for each unrelated trade or business. To do that, use Multi-form Code box and be sure to enter each unrelated trade or business name.

e-file

Form 990-T is eligible for e-file and there is an e-filing requirement.

If you need to file both Form 990 and 990-T for the same organization, both can be e-filed. These are different forms and are considered distinct filings. You will not get a duplicate reject if filing Form 990 and then 990-T for the same organization. They cannot be transmitted together, however, they can both be filed for the same organization, if needed.