Describe your idea. The more information you provide, the clearer picture of your idea we will have. |
The new Corporate Alternative Minimum Tax could be applicable to larger exempt orgs with unrelated business income. See Section 59(k). This form has similarities to Form 8991 in that the applicable tax often isn't owned, but enough of the form needs to be completed to document that. Also see the Form 990-T, Part II, Line 5 instructions. |
How will this idea help you and potentially others? Understanding how things are done today, where the pain is, and how the idea is beneficial puts us in your shoes. |
Add this form will enable filers to file a complete and accurate tax return. |
Who will benefit from this idea? Whether it's specific roles of users, users of a specific product, or certain departments/markets, this helps us know who to talk to when we need more information. |
All users who have large filers. |
How do you envision this idea being implemented at K1x? You're the expert and understanding how you see this working helps kickstart the idea. |
Add the form similar to how other forms have been added, including xml. |