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Exclusion Code Reference List

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Exclusion Code Reference List
Exclusion Codes

General Exceptions 17— Rent from personal property leased with 85% of the use of the property is for the

real property and incidental (10% or less) in organization’s exempt purposes (Note:

01— Income from an activity that is not regularly This code is only for income from the

relation to the combined income from the

carried on (section 512(a)(1)) 15% or less non-exempt purpose use.)

real and personal property (section

02— Income from an activity in which labor is a 512(b)(3)) (section 514(b)(1)(A))

material income-producing factor and 31— Gross income from mortgaged property

18— Gain (or loss, to the extent allowed) from

substantially all (at least 85%) of the work used in research activities described in

the sale of investments and other

is performed with unpaid labor (section section 512(b)(7), (8), or (9) (section

non-inventory property and from certain

513(a)(1)) 514(b)(1)(C))

property acquired from financial institutions

03— Section 501(c)(3) organization—Income that are in conservatorship or receivership 32— Gross income from mortgaged property

from an activity carried on primarily for the (sections 512(b)(5) and 512(b)(16)(A)) used in any activity described in section

convenience of the organization’s 513(a)(1), (2), or (3) (section 514(b)(1)(D))

19— Income or loss from the lapse or

members, students, patients, visitors,

termination of options to buy or sell 33— Income from mortgaged property

officers, or employees (hospital parking lot

securities, or real property, and from the (neighborhood land) acquired for exempt

or museum cafeteria, for example) (section

forfeiture of good-faith deposits for the purpose use within 10 years (section

513(a)(2))

purchase, sale, or lease of investment real 514(b)(3))

04— Section 501(c)(4) local association of property (section 512(b)(5))

employees organized before 5/27/69— 34— Income from mortgaged property

20— Income from research for the United acquired by bequest or devise (applies to

Income from the sale of work-related

States; its agencies or instrumentalities; or income received within 10 years from the

clothes or equipment and items normally

any state or political subdivision (section date of acquisition) (section 514(c)(2)(B))

sold through vending machines; food

512(b)(7)) 35— Income from mortgaged property

dispensing facilities; or snack bars for the

convenience of association members at 21— Income from research conducted by a acquired by gift where the mortgage was

their usual places of employment (section college, university, or hospital (section placed on the property more than 5 years

513(a)(2)) 512(b)(8)) previously and the property was held by

05— Income from the sale of merchandise, 22— Income from research conducted by an the donor for more than 5 years (applies

substantially all of which (at least 85%) was organization whose primary activity is to income received within 10 years from

donated to the organization (section conducting fundamental research, the the date of gift) (section 514(c)(2)(B))

513(a)(3)) results of which are freely available to the 36— Income from property received in return

general public (section 512(b)(9)) for the obligation to pay an annuity

Specific Exceptions 23— Income from services provided under described in section 514(c)(5)

06— Section 501(c)(3), (4), or (5) organization license issued by a Federal regulatory 37— Income from mortgaged property that

conducting an agricultural or educational agency and conducted by a religious order provides housing to low and moderate

fair or exposition—Qualified public or school operated by a religious order, but income persons to the extent the

entertainment activity income (section only if the trade or business has been mortgage is insured by the Federal

513(d)(2)) carried on by the organization since before Housing Administration (section 514(c)(6))

07— Section 501(c)(3), (4), (5), or (6) May 27, 1959 (section 512 (b)(15)) (Note: In many cases, this would be

organization—Qualified convention and Foreign Organizations exempt function income reportable in

trade show activity income (section column (E). It would not be so in the case

513(d)(3)) 24— Foreign organizations only—Income from a of a section 501(c)(5) or (6) organization,

trade or business NOT conducted in the for example, that acquired the housing as

08— Income from hospital services described in

United States and NOT derived from United an investment or as a charitable activity.)

section 513(e)

States sources (patrons) (section 512(a)(2)) 38— Income from mortgaged real property

09— Income from noncommercial bingo games

that do not violate state or local law Social Clubs and VEBAs owned by: a school described in section

(section 513(f)) 170(b)(1)(A)(ii); a section 509(a)(3) affiliated

25— Section 501(c)(7), (9), or (17) organization— support organization of such a school; a

10— Income from games of chance conducted Non-exempt function income set aside for section 501(c)(25) organization, or by a

by an organization in North Dakota (section a charitable, etc., purpose specified in partnership in which any of the above

311 of the Deficit Reduction Act of 1984, section 170(c)(4) (section 512(a)(3)(B)(i)) organizations owns an interest if the

as amended) 26— Section 501(c)(7), (9), or (17) organization— requirements of section 514(c)(9)(B)(vi) are

11— Section 501(c)(12) organization—Qualified Proceeds from the sale of exempt function met (section 514(c)(9))

pole rental income (section 513(g)) and/or property that was or will be timely

member income (described in section reinvested in similar property (section Special Rules

501(c)(12)(H)) 512(a)(3)(D)) 39— Section 501(c)(5) organization—Farm

12— Income from the distribution of low-cost 27— Section 501(c)(9), or (17) organization— income used to finance the operation and

articles in connection with the solicitation of Non-exempt function income set aside for maintenance of a retirement home,

charitable contributions (section 513(h)) the payment of life, sick, accident, or other hospital, or similar facility operated by the

13— Income from the exchange or rental of benefits (section 512(a)(3)(B)(ii)) organization for its members on property

membership or donor list with an adjacent to the farm land (section

Veterans’ Organizations 1951(b)(8)(B) of Public Law 94-455)

organization eligible to receive charitable

contributions by a section 501(c)(3) 28— Section 501(c)(19) organization—Payments 40— Annual dues not exceeding $127 (subject

organization; by a war veterans’ for life, sick, accident, or health insurance to inflation) paid to a section 501(c)(5)

organization; or an auxiliary unit or society for members or their dependents that are agricultural or horticultural organization

of, or trust or foundation for, a war set aside for the payment of such (section 512(d))

veterans’ post or organization (section insurance benefits or for a charitable, etc.,

513(h)) purpose specified in section 170(c)(4) Trade or Business

(section 512(a)(4)) 41— Gross income from an unrelated activity

Modifications and Exclusions 29— Section 501(c)(19) organization—Income that is regularly carried on but, in light of

14— Dividends, interest, payments with respect from an insurance set-aside (see code 28 continuous losses sustained over a

to securities loans, annuities, income from above) that is set aside for payment of number of tax periods, cannot be

notional principal contracts, loan insurance benefits or for a charitable, regarded as being conducted with the

commitment fees, and other substantially etc., purpose specified in section motive to make a profit (not a trade or

similar income from ordinary and routine 170(c)(4) (Regulations section business)

investments excluded by section 512(b)(1) 1.512(a)–4(b)(2))

Other

15— Royalty income excluded by section Debt-financed Income

512(b)(2) 42— Receipt of qualified sponsorship

30— Income exempt from debt-financed payments described in section 513(i)

16— Real property rental income that does not

(section 514) provisions because at least 43— Exclusion of any gain or loss from the

depend on the income or profits derived by

the person leasing the property and is qualified sale, exchange, or other

excluded by section 512 (b)(3) disposition of any qualifying brownfield

property (section 512(b)(18)[(19)])









-36- Specific Instructions for Form 990


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