The following articles are frequently asked questions regarding - Form 990, 990EZ, or 990PF - Schedule B, Contributions, Gifts, and Grants:
How to generate a statement of contributors:
- Open Screen 16, Contributions, Gifts, and Grants.
- Enter total cash and non-cash support amounts.
- In the Gifts, Grants list, select Schedule of Contributors.
- Enter each contributor's information.
How to apply special rule (33 1/3% Support Test for 501(c)(3) Orgs.) on Form 990
- Open Screen 16, Contributions, Gifts, and Grants.
- In the Gifts, Grants list, select Schedule of Contributors.
- Enter each contributor's information.
- Open Screen 52, Charity Status & Support.
- Select the check box by either Organization is Operated for the Benefit of a College or University Owned or Operated by a Governmental Unit, Organization is One that Normally Receives a Substantial Part of its Support from a Governmental Unit or from the General Public, or Organization is a Community Trust.
Note: The program automatically calculates Special Rule when you enter information in Screens 16, Schedule of Contributors and Screen 52, Charity Status & Support
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