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Printable Form IRS-990 Santa Clarita California: What You Should Know

Each form lists all the activities of the group that take place during the year, in addition to any business expenses. (An electronic copy also must be sent to the IRS by mail.) The income of charities and other nonprofits is taxed the same way as other business income, like the income of a business. So, as with other income, the total of the group's income is taxed at the same rates. “Nonprofit” in this case refers to organizations that are not for-profit businesses. Some groups qualify for a tax deduction for a portion of their expenses, but that has little impact on the group's overall annual operating expenses. The groups in question here — the Santa Clarita Community Corporation and the Santa Clarita, Texas, Volunteer Fire Department — filed returns from 2. The group that had filed the forms for 2014, the U.S. Tax Court, was dissolved. That group had filed an amended tax form with more information about what it did with the funds. Here's what a group called the Santa Clara County Community Foundation had reported on its return for 2011: The group had the same income in 2024 and 2011. They had the same expenses in 2024 and 2011. They had the same amounts of donations in 2024 and 2011. Furthermore, they even had a similar amount of operating funds in 2024 and 2011. Furthermore, they didn't report any of these things on their 2024 Form 990: They didn't report any income, operating expenses, or donors in 2013. They didn't list the same amount of operating funds as they had in 2010. And last year, after they were dissolved, they amended the Form 990 just in case. They were not going to be taxed in 2013. But the IRS is going to notice — and it's not going to be very kind, which is why so many nonprofits and small charities file multiple 990s.  The Santa Clarita community corporation was dissolved in June 2014. But the IRS says that these forms are still on file. So what happened in 2014? Well, they report money going to charity. Well no, actually they are mostly going to themselves! But even if the group's 2024 Form 990 is properly filed, it will probably end up with the IRS rejecting it for no apparent reason — or it will be given a new, lower rate based on something more than the reported income.

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