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Calculate Form 990-T

  1. Go to the
    ActivT
     screen in the
    990-T Activities
     folder.
  2. Enter an unrelated business code for at least 1 activity.
  3. Take either of the following steps to select an unrelated business activity code for at least 1 income item:
    • Go to the
      Income
       or
      IncomePF
       screen and select the unrelated business code in the statement box for the income item.
    • Go to the
      Event
      ,
      EvenPF
      , or
      Rent
       screen and select the code in the
      Unrelated business activity
       field for the activity.
The form will calculate if the sum of all unrelated income amounts (Form 990-T, Part 1, Line 1) is:
  • Greater than or equal to $1,000.
  • The current-year overpayment (Form 990-T, Part III, Line 10) is at least $1.
If these conditions aren't met, the form won't calculate, but if you need the form to print, you can force it.
note
The form will also calculate in the following situations:
  • Proxy tax is due on Form 990-T, Part IV related to lobbying activities (section 501(c)(4), 501(c)(5), or 501(c)(6) organizations).
  • A claim of refund due to backup withholding is withheld in error and the amount of withholding is entered on the
    990T
     screen.
  • For employee-provided fringe benefits subject to tax (according to Tax Cuts and Job Act legislation, December 2017) Line 34 will complete based on the
    990T
     screen and prints Form 990-T.
Refer to the 990-T instructions for more information.

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