Instructions For Schedule R (Form 990) - 2016 (Page 5 of 7) in pdf

general partner of a related limited

governs for a foreign organization other

organization's percentage ownership in

partnership, or a managing partner or

than a corporation).

the trust.

managing member of a related general

Column (d). Direct controlling entity.

Column (h). Percentage ownership.

partnership, LLC, or other entity taxable as

Enter the name of the entity (if any) that

For a related organization taxable as a

a partnership. Otherwise, check “No.”

directly controls the related organization;

corporation, enter the filing organization's

Column (k). Percentage ownership.

otherwise enter “N/A.” If the filing

percentage of stock ownership in the

Enter the filing organization's percentage

organization directly controls, enter its

corporation (total combined voting power

interest in the profits or in the capital of the

name.

or total value of all outstanding shares,

related partnership, whichever is greater.

whichever is greater). For a related S

Column (e). Type of entity. Use one of

corporation, use the percentage reported

the following codes to indicate the tax

Part IV. Identification of

on Schedule K-1 (Form 1120S) for the

classification of the related organization: C

year ending with or within the filing

Related Organizations

(corporation or association taxable under

organization's tax year. For a related

Taxable as a Corporation

subchapter C), S (corporation or

organization taxable as a trust, enter the

association taxable under subchapter S),

or Trust

filing organization's percentage of

or T (trust, including a split-interest trust).

beneficial interest. In each case, enter the

In this part, identify any related

Column (f). Share of total income. For

percentage interest as of the end of the

organization treated as a C or S

a related organization that is a C

related organization's tax year ending with

corporation or trust for federal tax

corporation, enter the dollar amount of the

or within the filing organization's tax year.

purposes (such as a charitable remainder

organization's share of the C corporation's

trust), other than a related organization

Column (i). Section 512(b)(13) control-

total income. To calculate this share,

reported as a tax-exempt organization in

led entity. Check “Yes” if the related

multiply the total income of the C

Part II of Schedule R (Form 990). If the

organization is a controlled entity of the

corporation (as reported on its Form 1120,

corporation or trust is related to the filing

filing organization under section

U.S. Corporation Income Tax Return) by

organization as its parent or as a brother/

512(b)(13). If not, check “No.”

the following fraction: the value of the filing

sister organization, and the filing

organization's shares of all classes of

Split-interest trusts. If the related

organization doesn't have an ownership

stock in the C corporation, divided by the

organization is a split-interest trust

interest in the corporation or trust, then

value of all outstanding shares of all

described in section 4947(a)(2), the

complete only columns (a), (b), (c), and

classes of stock in the C corporation. The

organization may enter in column (a) the

(e), and enter “N/A” in columns (d), (f), (g),

total income is for the related

term “Charitable remainder trust,”

and (h). Don't report trusts described

organization's tax year ending with or

“Charitable lead trust,” or “Pooled income

within section 401(a).

within the filing organization's tax year.

fund,” as appropriate, instead of the trust's

name, EIN, or address. If the organization

Some of the information requested in

For a related organization that is an S

was related to more than one of a certain

corporation, enter the filing organization's

this part is derived from Schedule K-1

type of related split-interest trust during

allocable share of the S corporation's total

(Form 1041), Beneficiary's Share of

the tax year, it should enter the number of

income. Use the amount on Schedule K-1

Income, Deductions, Credits, etc., or

that type of trust in parentheses after the

Schedule K-1 (Form 1120S),

(Form 1120S) for the S corporation's tax

name. For instance, if the organization

Shareholder's Share of Income,

year ending with or within the filing

had two related charitable remainder

organization's tax year (Part III, lines 1

Deductions, Credits, etc., issued to the

trusts and three related charitable lead

through 10 of Schedule K-1 (Form

organization. If the Schedule K-1 isn't

trusts, it should enter “Charitable

1120S)).

available, provide a reasonable estimate

remainder trusts (2)” on one line of column

of the required information.

For a related organization that is a

(a) and “Charitable lead trusts (3)” on

trust, enter the total income and gains

another line in column (a). The

Enter the details of each related

reported on Part III, lines 1 through 8 of

organization may leave columns (e), (f),

organization on separate lines of Part IV. If

Schedule K-1 (Form 1041) issued to the

(g), and (h) blank for these lines. Use Part

there are more related organizations to

filing organization for the trust's tax year

VII if the organization needs space to

report in Part IV than space available, use

ending with or within the filing

provide additional information for columns

as many duplicate copies of Part IV as

organization's tax year.

(b), (c), (d), or (i).

needed, and number each page.

A section 501(c)(3) organization

Column (a). Name, address, and EIN.

Part V. Transactions With

that is an S corporation

TIP

Enter the related organization's full legal

shareholder must treat all

Related Organizations

name, mailing address, and EIN.

allocations of income from the S

corporation as unrelated business

Line 1. Check “Yes” in the appropriate

Column (b). Primary activity. Briefly

income, including gain on the disposition

boxes of line 1 if the filing organization

describe the primary business activity

of stock.

conducted, or product or service provided,

engaged in any of the transactions listed

by the related organization (for example,

in Part V with any related organizations

Column (g). Share of end-of-year as-

holding company, management

(other than disregarded entities listed in

sets. Enter the dollar amount of the filing

Part I). A single transaction may be

company).

organization's allocable share of the

described by and reported in more than

Column (c). Legal domicile. List the

related organization's total assets as of

one line. A “transfer,” for purposes of Part

U.S. state (or U.S. possession) or foreign

the end of the related organization's tax

V, lines 1r and 1s, includes any

country in which the related organization

year ending with or within the filing

conveyance of funds or property not

is organized. For a corporation, enter the

organization's tax year. For related C and

described in lines 1a through 1q, whether

state of incorporation (or the country of

S corporations, this amount is determined

or not for consideration, such as a merger

incorporation for a foreign corporation

by multiplying the corporation's

with a related organization.

formed outside the United States). For a

end-of-year total assets by the fraction

Line 2. The filing organization must report

trust or other entity, enter the state whose

described in column (f). For related trusts,

law governs the organization's internal

on this line any of the following

this amount corresponds to the filing

affairs (or the foreign country whose law

transactions that it engaged in with a

2017 Instructions for Schedule R (Form 990)

-5-

Instructions For Schedule R (Form 990) - 2016 Page 5

Related Articles

Related forms

Related Categories