About Form 990-T, Exempt Organization Business Income Tax Return (and proxy tax under section 6033(e))


Exempt organizations use Form 990-T to:

  • Report unrelated business income.
  • Figure and report unrelated business income tax liability.
  • Report proxy tax liability.
  • Claim a refund of income tax paid by a regulated investment company (RIC) or a real estate investment trust (REIT) on undistributed long-term capital gain.
  • Request a credit for certain federal excise taxes paid or for small employer health insurance premiums paid,.
  • Report unrelated business income tax on reinsurance entities.

Current Revision

Form 990-T PDF

Instructions for Form 990-T (Print Version PDF)

Recent Developments

Reporting a Refundable Minimum Tax Credit on a 2018 or 2019 Form 990-T --05-JUN-2020

Limitation on business losses for certain taxpayers repealed for 2018, 2019, and 2020 --19-MAY-2020

Taxpayer Relief for Certain Tax-Related Deadlines Due To Coronavirus Pandemic -- 14-APR-2020

How To Claim a Refund or Credit of Unrelated Business Income Tax (UBIT) or adjust Form 990-T for Qualified Transportation Fringe Amounts -- 21-JAN-2020

Trust - Qualified Business Income (QBI) Deduction under section 199A -- 26-APR-2019

Other Items You May Find Useful

All Form 990-T Revisions

Unrelated Business Income Interactive Training

Questions and Answers about Reporting Related to Section 965 on 2017 Tax Returns

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About Publication 51 (Circular A), Agricultural Employer's Tax Guide

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