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Department of the Treasury

Internal Revenue Service

Instructions for Form 4720

Return of Certain Excise Taxes on Charities and

Other Persons Under Chapters 41 and 42 of the

Internal Revenue Code

(Sections 170(f)(10), 4911, 4912, 4941, 4942,

4943, 4944, 4945, 4955, and 4958)

Section references are to the Internal Revenue Code unless otherwise noted.

•

The section 4911 tax on excess lobbying

Contents

Page

How To Get Forms and

expenditures by public charities that have

Purpose of Form . . . . . . . . . . . . . . . . . . . 1

Publications

elected to be subject to section 501(h)

Who Must File . . . . . . . . . . . . . . . . . . . . . 1

regarding expenditures to influence legislation

Where To File . . . . . . . . . . . . . . . . . . . . . 2

(Private foundations and section 4947(a) trusts

Personal Computer

When To File . . . . . . . . . . . . . . . . . . . . . 2

are not eligible to make this election.);

•

You can access the IRS Web Site 24 hours a

The section 4912 tax on excess lobbying

Extension . . . . . . . . . . . . . . . . . . . . . . . . 2

day, 7 days a week, at to:

expenditures that result in loss of section

•

Name, Address, etc. . . . . . . . . . . . . . . . . . 2

Download forms, instructions, and

501(c)(3) tax-exempt status;

•

publications,

Signature and Verification . . . . . . . . . . . . . 2

The section 4955 tax imposed on any

•

Order IRS products on-line,

amount paid or incurred by a section 501(c)(3)

Attachments . . . . . . . . . . . . . . . . . . . . . . 2

•

See answers to frequently asked tax

organization that participates or intervenes in

Organizations Organized or Created

questions,

any political campaign on behalf of, or in

•

in a Foreign Country or U.S.

Search publications on-line by topic or

opposition to, any candidate for public office;

•

Possession . . . . . . . . . . . . . . . . . . . . . 2

keyword,

The section 4958 initial taxes on disqualified

•

Send us comments or request help via

Tax Payments . . . . . . . . . . . . . . . . . . . . . 2

persons and organization managers of section

email, or

501(c)(3) (except private foundations) and

Rounding Off to Whole Dollars . . . . . . . . . . 2

•

section 501(c)(4) organizations that engage in

Penalties and Interest . . . . . . . . . . . . . . . . 2

news by email.

excess benefit transactions; and

•

Abatement . . . . . . . . . . . . . . . . . . . . . . . 3

The section 170(f)(10) tax on any premiums

CD-ROM

Initial Tax Liability . . . . . . . . . . . . . . . . . . 3

paid on a personal benefit contract in

Order Pub. 1796, Federal Tax Products on

connection with a transfer to an organization or

Completing the Schedules . . . . . . . . . . . . . 3

CD-ROM, and get:

charitable remainder trust for which a

•

Specific Instructions for Page 1 . . . . . . . . . 3

Current year forms, instructions, and

charitable deduction is not allowed to the

publications,

Schedule A — Initial Taxes on

transferor.

•

Prior year forms, instructions, and

Self-Dealing . . . . . . . . . . . . . . . . . . . . . 4

publications,

Who Must File

Schedule B — Initial Tax on

•

Frequently requested tax forms that may be

Undistributed Income . . . . . . . . . . . . . . 4

Private foundations and section 4947(a)

filled in electronically, printed out for

Schedule C — Initial Tax on Excess

trusts. Generally, Form 4720 must be filed by

submission, and saved for recordkeeping, and

•

Business Holdings . . . . . . . . . . . . . . . . 4

all organizations, including foreign

The Internal Revenue Bulletin.

organizations, that answered “Yes” to question

Buy the CD-ROM on the Internet at

Schedule D — Initial Taxes on

1b, 1c, 2b, 3b, 4a, 4b, or 5b in Part VII-B of

/cdorders from the National

Investments That Jeopardize

Form 990-PF; or “Yes” to question 1b, 1c, 3b,

Technical Information Service (NTIS) for $22

Charitable Purpose . . . . . . . . . . . . . . . . 6

4a, 4b, or 5b in Part VI-B of Form 5227. A trust

(no handling fee) or call 1-877-CDFORMS

Schedule E — Initial Taxes on Taxable

described in section 4947(a)(2) is considered a

(1-877-233-6767) toll free to buy the CD-ROM

Expenditures . . . . . . . . . . . . . . . . . . . . 6

private foundation insofar as it is subject to

for $22 (plus a $5 handling fee).

Schedule F — Initial Taxes on Political

Chapter 42 provisions.

By Phone and In Person

Expenditures . . . . . . . . . . . . . . . . . . . . 7

Public charities making excess lobbying

You can order forms and publications 24 hours

expenditures. Public charities that made the

Schedule G — Tax on Excess

a day, 7 days a week, by calling

election under section 501(h) and owe tax on

Lobbying Expenditures . . . . . . . . . . . . . 7

1-800-TAX-FORM (1-800-829-3676). You can

excess lobbying expenditures as figured on

Schedule H — Taxes on Disqualifying

also get most forms and publications at your

Schedule A (Form 990 or 990-EZ), Part VI-A,

Lobbying Expenditures . . . . . . . . . . . . . 7

local IRS office.

must file Form 4720 to report the liability and

Schedule I — Initial Taxes on Excess

pay the tax (Schedule G).

Phone Help

Benefit Transactions . . . . . . . . . . . . . . . 7

Certain organizations (and possibly their

Privacy Act and Paperwork Reduction

If you have questions and/or need help

managers) whose section 501(c)(3) status is

Act Notice . . . . . . . . . . . . . . . . . . . . . . 8

completing this form, please call

revoked because of excess lobbying activities

1-877-829-5500. This toll-free telephone

are subject to a 5% excise tax on their lobbying

service is available Monday through Friday.

expenditures.

Photographs of Missing

Organizations making political

General Instructions

expenditures. All section 501(c)(3)

Children

organizations that make a political expenditure

must file Form 4720 to report the liability and

The Internal Revenue Service is a proud

Purpose of Form

pay the tax. Organization managers may report

partner with the National Center for Missing

any first tier tax they owe on Schedule F of

and Exploited Children. Photographs of

Use Form 4720 to figure and pay:

•

Form 4720. (See Schedule F instructions for

missing children selected by the Center may

The initial taxes on private foundations,

the definition of political expenditures.)

appear in instructions on pages that would

foundation managers, and self-dealers under

otherwise be blank. You can help bring these

sections 4941 through 4945 for self-dealing,

Charitable organizations that make certain

children home by looking at the photographs

failure to distribute income, excess business

premium payments on personal benefit

and calling 1-800-THE-LOST (1-800-843-5678)

holdings, investments that jeopardize

contracts. Form 4720 must be filed by any

if you recognize a child.

charitable purpose, and taxable expenditures;

organization described in section 170(c) or

Cat. No. 13023Z

Instructions For Form 4720 - Return Of Certain Excise Taxes On Charities And Other Persons - Department Of The Treasury - 2004

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