Contents Page ● Sign up to receive hot tax issues and news organizations that engage in excess benefit
Purpose of Form . . . . . . . . . . . 1 by e-mail from the IRS Digital Dispatch. transactions.
You can also reach us using:
Who Must File . . . . . . . . . . . . 1
● Telnet at iris.irs.ustreas.gov Who Must File
Where To File . . . . . . . . . . . . 2 ● File Transfer Protocol at ftp.irs.ustreas.gov
When To File . . . . . . . . . . . . . 2
● Private Foundations and Section 4947(a)
● Direct Dial (by modem) at 703-321-8020.
Trusts. Generally, Form 4720 must be filed by
Extension . . . . . . . . . . . . . . . 2 CD-ROM. Order Pub. 1796, Federal Tax all organizations, including foreign
Name, Address, etc. . . . . . . . . . . 2 Products on CD-ROM, and get organizations, that answered “Yes” to question
Signature and Verification . . . . . . . 2 ● Current year forms, instructions, and 1b, 1c, 2b, 3b, 4a, 4b, or 5b in Part VII-B of
publications. Form 990-PF; or “Yes” to question 1b, 1c, 3b,
Attachments . . . . . . . . . . . . . 2 ● Prior year forms and instructions. 4a, 4b, or 5b in Part VI-B of Form 5227. A trust
Organizations Organized or Created in a ● Popular forms that may be filled in
described in section 4947(a)(2) is considered
Foreign Country or U.S. Possession . 2 electronically, printed out for submission, and a private foundation insofar as it is subject to
Tax Payments . . . . . . . . . . . . 2 saved for recordkeeping. Chapter 42 provisions.
● Public Charities Making Excess Lobbying
Rounding Off to Whole Dollars . . . . . 2 Buy the CD-ROM on the Internet at
www.irs.ustreas.gov/cdorders from the Expenditures. Public charities that made the
Penalties and Interest . . . . . . . . . 2 election under section 501(h) and owe tax on
National Technical Information Service (NTIS)
Abatement . . . . . . . . . . . . . . 2 for $13 (plus a $5 handling fee) and save 35%, excess lobbying expenditures as figured on
or call 1-877-CDFORMS (1-877-233-6767) Schedule A (Form 990), Part VI-A, must file
Initial Tax Liability . . . . . . . . . . . 2 Form 4720 to report the liability and pay the tax
toll-free to buy the CD-ROM for $20 (plus a $5
Completing the Schedules . . . . . . . 3 handling fee). (Schedule G).
Specific Instructions for Page 1 . . . . . 3 By phone and in person. You can order Certain organizations (and possibly their
forms and publications 24 hours a day, 7 days managers) whose section 501(c)(3) status is
Schedule A—Initial Taxes on Self-Dealing 3
a week, by calling 1-800-TAX-FORM revoked because of excess lobbying activities
Schedule B—Initial Tax on Undistributed are subject to a 5% excise tax on their lobbying
Income . . . . . . . . . . . . . . . 4 (1-800-829-3676). You can also get most forms
and publications at your local IRS office. expenditures.
Schedule C—Initial Tax on Excess Business ● Organizations Making Political
Holdings . . . . . . . . . . . . . . 4 Expenditures. All section 501(c)(3)
General Instructions organizations that make a political expenditure
Schedule D—Initial Taxes on Investments
That Jeopardize Charitable Purpose . 6 must file Form 4720 to report the liability and
Schedule E—Initial Taxes on Taxable
Purpose of Form pay the tax. Organization managers may report
any first tier tax they owe on Schedule F of
Expenditures . . . . . . . . . . . . 6 Use Form 4720 to figure and pay: Form 4720. (See Schedule F instructions for
Schedule F—Initial Taxes on Political 1. The initial taxes on private foundations, definition of political expenditures.)
Expenditures . . . . . . . . . . . . 7 foundation managers, and self-dealers under ● Self-Dealers, Disqualified Persons,
sections 4941 through 4945 for self-dealing, Foundation Managers, and Organization
Schedule G—Tax on Excess Lobbying failure to distribute income, excess business
Expenditures . . . . . . . . . . . . 7 Managers. If you are a self-dealer, disqualified
holdings, investments that jeopardize person, foundation manager, or organization
Schedule H—Taxes on Disqualifying charitable purpose, and taxable expenditures; manager and you have the same tax year as
Lobbying Expenditures . . . . . . . 7 2. The section 4911 tax on excess lobbying the foundation or organization, you may report
Schedule I—Initial Taxes on Excess Benefit expenditures by public charities that have any first tier tax you owe on the Form 4720 filed
Transactions . . . . . . . . . . . . 7 elected to be subject to section 501(h) by the foundation or organization. Managers,
Paperwork Reduction Act Notice . . . . 8 regarding expenditures to influence legislation. self-dealers, and disqualified persons who do
(Private foundations and section 4947(a) trusts this are responsible for the parts that relate to
are not eligible to make this election.); taxes they owe and should include their own
How To Get Forms and 3. The section 4912 tax on excess lobbying check or money order, payable to the United
Publications expenditures that result in loss of section States Treasury, with the return.
Personal computer. Access the IRS's 501(c)(3) tax-exempt status; Self-dealers, disqualified persons,
Internet Web Site at www.irs.ustreas.gov to 4. The section 4955 tax imposed on any foundation managers, and organization
do the following: amount paid or incurred by a section 501(c)(3) managers who owe tax under Chapter 41 or
● Download forms, instructions and
organization that participates or intervenes in 42 and do not have the same tax year or do
publications. any political campaign on behalf of, or in not sign the return of the foundation or
opposition to, any candidate for public office; organization must file a separate return on
● See answers to frequently asked tax
and Form 4720 showing the tax owed and the
questions. name of the foundation or organization for
5. The section 4958 initial taxes on
● Search publications on-line by topic or which you owe tax. If you file a separate Form
disqualified persons and organization
keyword. managers of section 501(c)(3) (except private 4720, enter your tax year at the top of the form.
● Send us comments or request help via
foundations) and section 501(c)(4) Enter your name, address, and taxpayer
e-mail. identification number in Part II-A. Complete all