Instructions For Form 990-Pf - Return Of Private Foundation Or Section 4947(A)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2010 Page 14
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32In column (c). Include all other items
Line 20. Occupancy. Enter the amount
foundation as a result of legal
includible in adjusted net income not
proceedings on line 23.
paid or incurred for the use of office
covered elsewhere in column (c).
space or other facilities. If the space is
Line 18. Taxes. Attach a schedule
rented or leased, enter the amount of
Line 12. Total. In column (b). Domestic
listing the type and amount of each tax
rent. If the space is owned, enter the
organizations should enter the total of
reported on line 18. Do not enter any
amount of mortgage interest, real estate
lines 3 – 11. Exempt foreign organizations
taxes included on line 15.
taxes, and similar expenses, but not
should enter the total of lines 3, 4, 5, and
In column (a). Enter the taxes paid
depreciation reportable on line 19. In
11 only.
(or accrued) during the year. Include all
either case, include the amount for
Line 13. Compensation of officers,
types of taxes recorded on the books,
utilities and related expenses (for
directors, trustees, etc.
including real estate tax not reported on
example, heat, lights, water, power,
line 20; the tax on investment income;
In column (a). Enter the total
telephone, sewer, trash removal, outside
and any income tax.
compensation for the year of all officers,
janitorial services, and similar services).
directors, and trustees. If none was paid,
Do not include any salaries of the
In column (b). Enter only those taxes
enter zero. Complete line 1 of Part VIII to
organization’s own employees reportable
included in column (a) related to
show the compensation of officers,
on line 14.
investment income taxable under section
directors, trustees, and foundation
4940. Do not include the section 4940 tax
Line 21. Travel, conferences, and
managers.
paid or incurred on net investment income
meetings. Enter the expenses for
or the section 511 tax on unrelated
In columns (b), (c), and (d). Enter
officers, employees, or others during the
business income. Sales taxes may not be
the portion of the compensation included
year for travel, attending conferences,
deducted separately but must be treated
in column (a) that is applicable to the
meetings, etc. Include transportation
as a part of the cost of acquired property
column. For example, in column (c) enter
(including fares, mileage allowance, or
or as a reduction of the amount realized
the portion of the compensation included
automobile expenses), meals and
on disposition of the property.
in column (a) paid or incurred to produce
lodging, and related costs whether paid
or collect income included in column (c).
In column (c). Enter only those taxes
on the basis of a per diem allowance or
Line 14. Other employee salaries and
included in column (a) that relate to
actual expenses incurred. Do not include
wages. Enter the salaries and wages of
income included in column (c). Do not
any compensation paid to those who
include any excise tax paid or incurred on
all employees other than those included
participate.
the net investment income (as shown in
on line 13.
In column (b). Only 50% of the
Part VI) or any tax reported on Form
Line 15. Contributions to employee
expense for business meals, etc., paid or
990-T.
pension plans and other benefits.
incurred in connection with travel,
Enter the employer’s share of
In column (d). Do not include any
meetings, etc., relating to the production
contributions the organization paid to
excise tax paid on investment income (as
of investment income may be deducted in
qualified and nonqualified pension plans
reported in Part VI of this return or the
figuring net investment income (section
and the employer’s share of contributions
equivalent part of a return for prior years)
274(n)).
to employee benefit programs (such as
unless the organization is claiming status
In column (c). Enter the total amount
insurance, health, and welfare programs)
as a private operating foundation and
of expenses paid or incurred by officers,
that are not an incidental part of a
completes Part XIV.
employees, or others for travel,
pension plan. Complete the return/report
Line 19. Depreciation and depletion.
conferences, meetings, etc., related to
of the Form 5500 series appropriate for
In column (a). Enter the expense
income included in column (c).
the organization’s plan. See the
recorded in the books for the year.
Instructions for Form 5500 for information
Line 22. Printing and publications.
about employee welfare benefit plans
For depreciation, attach a schedule
Enter the expenses for printing or
required to file that form.
showing:
publishing and distributing any
•
A description of the property,
newsletters, magazines, etc. Also include
Also include the amount of federal,
•
The date acquired,
the cost of subscriptions to, or purchases
state, and local payroll taxes for the year,
•
The cost or other basis (exclude any
of, magazines, newspapers, etc.
but only include those that are imposed
land),
on the organization as an employer. This
Line 23. Other expenses. Enter all
•
The depreciation allowed or allowable
includes the employer’s share of social
other expenses for the year. Include all
in prior years,
security and Medicare taxes, FUTA tax,
expenses not reported on lines 13 – 22.
•
The method of computation,
state unemployment compensation tax,
Attach a schedule showing the type and
•
The rate (%) or life (years), and
and other state and local payroll taxes.
amount of each expense.
•
The depreciation this year.
Do not include taxes withheld from
If a deduction is claimed for
employees’ salaries and paid over to the
On a separate line on the schedule,
amortization, attach a schedule showing:
various governmental units (such as
show the amount of depreciation included
•
Description of the amortized expenses;
federal and state income taxes and the
in cost of goods sold and not included on
•
Date acquired, completed, or
employee’s share of social security and
line 19.
expended;
Medicare taxes).
In columns (b) and (c). A deduction
•
Amount amortized;
Lines 16a, b, and c. Legal, accounting,
for depreciation is allowed only for
•
Deduction for prior years;
and other professional fees. On the
property used in the production of income
•
Amortization period (number of
appropriate line(s), enter the legal,
reported in the column, and only using the
months);
accounting, auditing, and other
straight line method of computing
•
Current-year amortization; and
professional fees (such as fees for
depreciation. A deduction for depletion is
•
Total amount of amortization.
fundraising or investment services)
allowed but must be figured only using
charged by outside firms and individuals
In column (c). In addition to the
the cost depletion method.
who are not employees of the foundation.
applicable portion of expenses from
The basis used in figuring depreciation
column (a), include any net loss from the
Attach a schedule for lines 16a, b, and
and depletion is the basis determined
sale or exchange of land or depreciable
c. Show the type of service and expense
under normal basis rules, without regard
property that was held for more than
for each. If the same person provided
to the special rules for using the fair
1 year and used in a trade or business.
more than one of these services, include
market value on December 31, 1969, that
an allocation of those expenses.
relate only to gain or loss on dispositions
A deduction for amortization is allowed
Report any fines, penalties, or
for purposes of the tax on net investment
but only for assets used for the production
judgments imposed against the
income.
of income reported in column (c).
-14-
Form 990-PF Instructions
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation -
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2009
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2007
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2008
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2003
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2004
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - 2001
Financial
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - 2017
Financial
Related Categories
Parent category: Financial