Std producers' questionnaire; 5 cols Instructions for Form 4720 - usitc-2025

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Key Takeaways Form 1040 is the foundation of your tax return. Common additional forms include Schedule A for itemized deductions, Schedule B for taxable interest or ordinary dividends, Schedule C for business profit or loss, Schedule D for capital gains and losses, and Schedule SE for self-employment tax.
All persons required to file can file Form 4720 electronically.
Form 4720 is used to report and pay a variety of excise taxes applicable to private foundations and certain other tax-exempt organizations. In some instances, persons, such as disqualified persons and foundation managers, may be subject to excise taxes and must separately file Form 4720.
Form 1040 is used by U.S. taxpayers to file an annual income tax return.
Form 4720, Return of Certain Excise Taxes on Charities and Other Persons Under Chapters 41 and 42 of the Internal Revenue Code PDF, is intended primarily for use with Form 990-PF and provides for figuring and reporting the initial taxes imposed under sections 4941, 4942, 4943, 4944 and 4945 on private foundations,
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To file a 4720 in an Exempt Organization return: From the Profile tab, select the Federal 4720 for e-file by checking the box under Select for E-file. From the Input Return tab, go to Credits Taxes ⮕ Certain Excise Taxes (4720) ⮕ Misc. Schs B, G, N, O. Check the box labeled Prepare Form 4720 with complete return.
Form 4720 generally must be filed by the due date for filing the annual information or tax return. The due date may be extended by filing Form 8868 (Explanation: 6081, Extension of Time Filing Returns, Tax-Exempt Organizations) (Reg. 53.6071-1(a); Instructions for Form 4720).
Use Form 8938 to report your specified foreign financial assets if the total value of all the specified foreign financial assets in which you have an interest is more than the appropriate reporting threshold.

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