Instructions For Form 990 And Form 990-Ez - 2003 Page 44

Line 40a — Section 501(c)(3)

Instruction P for a discussion of excess benefit

will be treated as an excess benefit unless (1)

transactions.

organizations: Disclosure of excise

the organization treats the reimbursement as

compensation during the year the

taxes imposed under section 4911,

Attach a statement describing any excess

reimbursement is made, and (2) the total

4912, or 4955

benefit transaction, the disqualified person or

compensation to that person, including the

Section 501(c)(3) organizations must disclose

persons involved, and whether or not the

reimbursement, is reasonable.

any excise tax imposed during the year under

excess benefit transaction was corrected.

section 4911 (excess lobbying expenditures),

Line 41 — List of states

4912 (disqualifying lobbying expenditures), or,

Line 40c — Taxes imposed on

unless abated, 4955 (political expenditures).

List each state with which the organization is

organization managers or disqualified

See sections 4962 and 6033(b).

filing a copy of this return in full or partial

persons

satisfaction of state filing requirements.

Line 40b — Section 501(c)(3) and

For line 40c, enter the amount of taxes

501(c)(4) organizations: Disclosure of

imposed on organization managers or

Line 43 — Section 4947(a)(1)

section 4958 excess benefit

disqualified persons under sections 4912,

nonexempt charitable trusts

4955, and 4958, unless abated.

transactions and excise taxes

Section 4947(a)(1) nonexempt charitable trusts

Sections 6033(b) and 6033(f) require section

Line 40d — Taxes reimbursed by the

that file Form 990-EZ instead of Form 1041

501(c)(3) and (4) organizations to report the

organization

must complete this line. The trust should

amount of taxes imposed under section 4958

include exempt-interest dividends received

(excess benefit transactions) involving the

For line 40d, enter the amount of tax on line

from a mutual fund or other regulated

organization, unless abated, as well as any

40c that was reimbursed by the organization.

investment company as well as tax-exempt

other information the Secretary may require

Any reimbursement of the excise tax liability of

concerning those transactions. See General

a disqualified person or organization manager

interest received directly.

Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are

required to give us the information. We need it to ensure that you are complying with these laws.

The organization is not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form

displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become

material in the administration of any Internal Revenue law. The rules governing the confidentiality of the Form 990, and Form 990-EZ, are covered in

Code section 6104.

The time needed to complete and file this form and related schedules will vary depending on individual circumstances. The estimated average

times are:

Form

Recordkeeping

Learning about the law or

Preparing

Copying, assembling,

the form

the

and sending the form

form

to the IRS

990

98 hr., 31 min.

15 hr., 4 min.

21 hr., 4 min.

1 hr., 4 min.

990-EZ

29 hr., 10 min.

11 hr., 33 min.

14 hr., 24 min.

32 min.

Schedule A (Form 990 or 990-EZ)

50 hr., 27 min.

9 hr., 26 min.

10 hr., 40 min.

– 0 –

Schedule B (Form 990, 990-EZ, or

4 hr., 46 min.

1 hr., 23 min.

1 hr., 31 min.

– 0 –

990-PF)

We welcome comments on forms. If you have comments concerning the accuracy of these time estimates or suggestions for making these

forms simpler, we would be happy to hear from you. You can write to the Tax Products Coordinating Committee, Western Area Distribution Center,

Rancho Cordova, CA 95743-0001. Do not send the form to this address. Instead, see When and Where To File in General Instruction H.

-44-

Specific Instructions for Form 990-EZ

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