Looking for a Form 990-c Templates? Download it for free!

2 0

Department of the Treasury

Internal Revenue Service

Instructions for Form 990-C

Farmers’ Cooperative Association Income Tax Return

Section references are to the Internal

problems that have not been fixed

What’s New

through normal channels.

Revenue Code unless otherwise noted.

•

Contents

Page

While Taxpayer Advocates cannot

The cooperative may be able to

What’s New . . . . . . . . . . . . . . . . . . . .1

change the tax law or make a technical

deduct a portion of the income from

tax decision, they can clear up

certain qualified domestic production

Photographs of Missing

problems that resulted from previous

activities. See section 199 and Form

Children . . . . . . . . . . . . . . . . . . . . .1

contacts and ensure that the

8903, Domestic Production Activities

Unresolved Tax Issues . . . . . . . . . . .1

cooperative’s case is given a complete

Deduction. Report the deduction on

How To Get Forms and

and impartial review.

Form 990-C, line 25. Also reduce any

Publications . . . . . . . . . . . . . . . . . .1

deduction under section 1382 by the

The cooperative’s assigned personal

General Instructions . . . . . . . . . . . .2

amount of your section 199 deduction

advocate will listen to its point of view

Purpose of Form . . . . . . . . . . . . . . . .2

allocated to patrons. See the

and will work with the cooperative to

instructions for Schedule H, line 3(e),

address its concerns. The cooperative

Who Must File . . . . . . . . . . . . . . . . . .2

and section 199(d)(3).

can expect the advocate to provide:

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

•

The Gulf Opportunity Zone Act of

A “fresh look” at a new or ongoing

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

2005 provides certain tax relief benefits

problem.

•

Who Must Sign . . . . . . . . . . . . . . . . .2

for corporations. For details, see Pub.

Timely acknowledgement.

•

Paid Preparer Authorization . . . . . . . .2

4492, Information for Taxpayers

The name and phone number of the

Affected by Hurricanes Katrina, Rita,

individual assigned to its case.

Assembling the Return . . . . . . . . . . .3

•

and Wilma.

Updates on progress.

Accounting Methods . . . . . . . . . . . . .3

•

Time frames for action.

A cooperative can elect to deduct

Accounting Period . . . . . . . . . . . . . . .3

•

Speedy resolution.

qualified cash contributions made after

•

Rounding Off to Whole Dollars . . . . .3

Courteous service.

August 27, 2005, and before January 1,

Recordkeeping . . . . . . . . . . . . . . . . .3

2006, for relief efforts related to

When contacting the Taxpayer

Depository Methods of Tax

Hurricane Katrina, Rita, or Wilma

Advocate, the cooperative should be

Payment . . . . . . . . . . . . . . . . . . . .3

without regard to the 10% taxable

prepared to provide the following

income limit. See Line 19, Charitable

information.

Estimated Tax Payments . . . . . . . . . .4

•

Contributions.

The cooperative’s name, address,

Interest and Penalties . . . . . . . . . . . .4

•

Recent legislation revised and/or

and employer identification number

Other Forms and Statements

created several general business

(EIN).

That May Be Required . . . . . . . . . .4

•

credits. See the instructions for

The name and telephone number of

Specific Instructions . . . . . . . . . . . .5

Schedule J, line 6, for the credits, form

an authorized contact person and the

Period Covered . . . . . . . . . . . . . . . . .5

numbers, and information concerning

hours he or she can be reached.

•

allocation of credits to patrons.

Name and Address . . . . . . . . . . . . . .5

The type of tax return and year(s)

involved.

Business Activity With the

•

A detailed description of the problem.

Largest Total Receipts . . . . . . . . . .5

Photographs of Missing

•

Previous attempts to solve the

Employer Identification

Children

problem and the office that was

Number (EIN) . . . . . . . . . . . . . . . .5

contacted.

The Internal Revenue Service is a

•

Consolidated Return . . . . . . . . . . . . .5

A description of the hardship the

proud partner with the National Center

Type of Cooperative . . . . . . . . . . . . .5

cooperative is facing and verifying

for Missing and Exploited Children.

documentation (if applicable).

Initial Return, Final Return,

Photographs of missing children

Name Change, Address

The cooperative can contact a

selected by the Center may appear in

Change, or Amended Return . . . . .5

Taxpayer Advocate by calling

instructions on pages that would

1-877-777-4778 (toll free). Persons who

Income . . . . . . . . . . . . . . . . . . . . . . .6

otherwise be blank. You can help bring

have access to TTY/TDD equipment

Deductions . . . . . . . . . . . . . . . . . . . .7

these children home by looking at the

can call 1-800-829-4059 and ask for

photographs and calling

Schedule A . . . . . . . . . . . . . . . . . . . 12

Taxpayer Advocate assistance. If the

1-800-THE-LOST (1-800-843-5678) if

Schedule C . . . . . . . . . . . . . . . . . . . 14

cooperative prefers, it can call, write, or

you recognize a child.

Worksheet for Schedule C . . . . . . 14

fax the Taxpayer Advocate office in its

area. See Pub. 1546 for a list of

Schedule H . . . . . . . . . . . . . . . . . . . 15

Unresolved Tax Issues

addresses and fax numbers.

Schedule J . . . . . . . . . . . . . . . . . . . 16

If the cooperative has attempted to deal

Worksheet for Members of a

How To Get Forms and

with an IRS problem unsuccessfully, it

Controlled Group . . . . . . . . . . . . 17

should contact the Taxpayer Advocate.

Publications

Schedule L . . . . . . . . . . . . . . . . . . . 19

The Taxpayer Advocate independently

Schedule M-1 . . . . . . . . . . . . . . . . . 19

represents the cooperative’s interests

Internet. You can access the IRS

Schedule N . . . . . . . . . . . . . . . . . . . 19

and concerns within the IRS by

website 24 hours a day, 7 days a week,

Index . . . . . . . . . . . . . . . . . . . . . . . 22

protecting its rights and resolving

Cat. No. 11288M

Instructions For Form 990-C - Farmers' Cooperative Association Income Tax Return - Internal Revenue Service - 2005

Related Articles

Related forms

Related Categories