Image Description Support Center

Our Support number is: 1-800-516-9442
<- Back to Main Page

The Profits(Capital Gains) on the 990T (Schedule G)Investment income of a section 501(c)(7) - The Profits(Capital Gains) on the 990T (Schedule G)Investment income of a section 501(c)(7), (9), or (17) organization are not carrying over Form 8949 (Part I) Report capital gains and losses from investmen


There are instances where the sale from the Form 8949 is reported on the 1120 Sch D, the amount from the 1120 Sch D flows to 990T Page 1, Line 4a

For additional Reference: https://www.irs.gov/pub/irs-pdf/i990t.pdf

 

Note: Instructions may vary by fiscal year.



Tags: federal,form