Instructions For Form 990bl printable pdf download

Instructions for

Department of the Treasury

Internal Revenue Service

Form 990-BL

(Rev. December 2013)

Information and Initial Excise Tax Return for Black Lung Benefit Trusts and Certain

Related Persons

Section references are to the Internal Revenue Code unless otherwise

accounting period, the return should be on the basis of the calendar

noted.

year.

Accounting Methods

Future developments. For the latest information about developments

related to Form 990-BL and its instructions, such as legislation after they

Gross income, receipts, and disbursements must be figured by the

were published, go to

method of accounting regularly used by the organization in maintaining

its books and records, unless otherwise specified in the instructions.

General Instructions

When and Where To File

Purpose of Form

This return, including Schedule A (Form 990-BL) if tax is due, must be

filed on or before the 15th day of the 5th month following the close of the

The Black Lung Benefits Revenue Act of 1977 (the Act) amended the

filer's tax year. If the regular due date falls on a Saturday, Sunday, or

Internal Revenue Code to impose excise tax on the sale of coal by the

legal holiday, file on the next business day. File it at the following

producer and established a trust fund (funded by the coal tax and certain

address:

other revenues) to be available for expenses of providing medical

benefits where not paid by the appropriate mine operator.

Internal Revenue Service

Form 990-BL is generally used by black lung benefit trusts to meet

201 W. River Center Blvd.

the reporting requirements of section 6033. If initial taxes are imposed on

Stop 31, TE/GE

the trust or certain related parties, trusts must also file Schedule A (Form

Covington, KY 41011

990-BL), Initial Excise Taxes on Black Lung Benefit Trusts and Certain

Related Persons.

You may request an extension of time to file Form 990-BL by filing

Who Must File

Form 8868, Application for Extension of Time To File an Exempt

Organization Return.

The trustee must file Form 990-BL for a trust exempt from tax under

Rounding off to whole dollars. You may show the money items on the

section 501(a) and described in section 501(c)(21), unless the trust

return and accompanying schedules as whole-dollar amounts. To do so,

normally has gross receipts in each tax year of not more than $50,000.

drop amounts less than 50 cents and increase any amounts from 50 to

A trust that normally has gross receipts of $50,000 or less must file an

99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50

annual electronic notice. See

and click on “Annual

becomes $3.

Electronic Filing Requirement for Small Exempt Organizations—Form

If you have to add two or more amounts to figure the amount to enter

990-N (e-Postcard)” for more information.

on a line, include cents when adding the amounts and round off only the

The initial excise taxes imposed on black lung benefit trusts, trustees,

total.

and disqualified persons under sections 4951 and 4952 are reported on

Attachments. If you need more space, attach separate sheets showing

Schedule A (Form 990-BL).

the same information in the same order as on the printed forms. Show

A black lung benefit trust required to file an annual information return

the totals on the printed forms.

and liable for tax under section 4952 should complete Form 990-BL and

Enter the trust's employer identification number (EIN) (or the

attach a completed Schedule A (Form 990-BL). A trust liable for section

disqualified person's social security number (SSN)) on each sheet. Also,

4952 tax but not otherwise required to file Form 990-BL should complete

use sheets that are the same size as the forms and indicate clearly the

the identification and signature area of Form 990-BL and attach a

line of the printed form to which the information relates.

completed Schedule A (Form 990-BL).

Penalties

A trustee or disqualified person liable for section 4951 or 4952 tax

should complete the heading (omitting the check boxes for application

If an organization fails to file timely, correctly, or completely, it will have to

pending, address change, and fair market value of assets) and signature

pay $20 for each day ($100 a day if it is a large organization) during

area of Form 990-BL and attach a completed Schedule A (Form

which such failure continues, unless it can be shown that the failure was

990-BL). A trustee liable for sections 4951 and 4952 taxes reports both

due to reasonable cause. The maximum penalty with respect to any one

taxes on one return.

return is the smaller of $10,000 ($50,000 for a large organization) or 5%

If no tax is due under section 4951 or 4952, do not file Schedule A

of the gross receipts of the organization for the year.

(Form 990-BL).

The IRS may make written demand that the delinquent return be filed

Your Area Director will tell you what procedures to follow if the trust or

or the information furnished within a reasonable time after mailing of

any related persons incur any liability for additional taxes and penalties

notice of the demand. The person failing to comply with the demand on

based on sections 4951 and 4952.

or before the date specified in the demand will have to pay $10 for each

Form 990-BL will not be automatically mailed to the persons required

day the failure continues, unless there is reasonable cause. The

to file it but may be requested from the Forms Distribution Center for your

maximum penalty imposed on all persons for failures with respect to any

state by calling 1-800-TAX-FORM (1-800-829-3676).

one return shall not exceed $5,000. If more than one person is liable for

any failures, all such persons are jointly and severally liable with respect

An organization claiming an exempt status under section 501(c)(21)

to such failures. See section 6652(c).

prior to the establishment of exempt status should file this return if its

application for recognition of exemption is pending (including appeal of a

To avoid having to explain an incomplete return, if a part or line item

proposed adverse decision).

does not apply, enter “N/A” (not applicable) or “-0-” if an amount is zero.

Accounting Period

There are penalties for willful failure to file and for filing fraudulent

The return must be on the basis of the established annual accounting

returns and statements. (See sections 7203, 7206, and 7207.)

period of the organization. If the organization has no established

Jul 03, 2013

Cat. No. 10316J

Instructions For Form 990bl

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