Get Form 4720 Return Of Certain Excise Taxes On Charities And Other Persons Under Chapters 41 And 42 Of

Completing Form 4720 is essential for organizations to report certain excise taxes. This guide provides step-by-step instructions to assist users in accurately filling out this form online.

Follow the steps to fill out Form 4720 correctly.

1. Click ‘Get Form’ button to obtain the form and open it in your browser.
2. Begin by entering the name of the foundation or public charity in the designated field. This identifies the organization responsible for filing the form.
3. Provide the employer identification number (EIN). This unique number is assigned by the Internal Revenue Service to track tax obligations.
4. Next, fill in the address details, including number, street, and room or suite number, along with the city, state, and ZIP code.
5. Select the type of annual return by checking the corresponding box for Form 990, Form 990-EZ, Form 990-PF, or Form 5227.
6. Answer the questions regarding whether the organization is a foreign private foundation and if corrective actions have been taken for any taxable events.
7. Proceed to fill in Part I, which covers taxes on the organization. Enter amounts for each type of tax based on detailed calculations drawn from the respective schedules, such as tax on undistributed income and tax on excess business holdings.
8. Move on to Part II-A and provide information on self-dealers and other individuals subject to tax. Ensure that all necessary identifications and corresponding taxes are accurately completed.
9. Summarize the totals from Parts I and II to determine the total tax due, entering this in the appropriate section.
10. Review your completed form thoroughly for any errors or missing information before saving your changes.
11. Finally, download or print the completed form for your records, or share it as instructed to submit to the appropriate tax authority.

Start filling out your Form 4720 online today to ensure compliance with excise tax regulations.