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I must submit a tax statement for our association.  We have an IRS EIN.  What form should I be using to submit our income ($0) and expenses ($0) to show we owe no income taxes.  

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6 Replies
ColeenD3
Expert Alumni

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What type of association are you referring to? 

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The Wisconsin Honey Bee Breeders Association.  I can't remember if it was incorporated as a non-profit or not.  

AmyC
Employee Tax Expert

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If it is a non-profit, the IRS lists it. Please search here for your organization. The IRS has a phone line for tax exempt entities. You can call 877-829-5500.

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So that I don't have to go through this again what form would I use if it is for profit business?

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Who has last year's 990 ?  It is required to be public info like posted on your website. 

 

https://grantspace.org/resources/knowledge-base/finding-990-990-pfs/

ThomasM125
Employee Tax Expert

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The tax return to use for a profit business would be a choice you would make in the first year you file a tax return for it. 

 

If the organization is registered with your state as a corporation, typically you file a form 1120, or 1120-S (if you filed an S corporation status application for it.)

 

If the organization is registered with your state as an LLC, or it is not registered with your state, then typically you file a form 1065, and issue a K-1 schedule to all the members of the organization, reporting their share of the organization profit or loss.

 

You can use the following link to form 8832 to find out more about choosing a filing entity for your organization:

 

https://www.irs.gov/forms-pubs/about-form-8832

 

 

 

 

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