Return of Organization Exempt From Income Tax Under Section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)
Return of Organization Exempt From Income Tax Under Section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)
Form 990 is needed to determine that IRC section 501(a) tax-exempt organizations fulfill the operating conditions within the limitations of their tax exemption.
REG-130266-11(NPRM) These regulations describe the requirements that charitable hospitals must satisfy under Section 501(r) of the Internal Revenue Code.
US Code:
26 USC 501
Name of Law: Exemption from tax on corporations, certain trusts, etc.
US Code:
26 USC 527
Name of Law: Political organizations
US Code:
26 USC 6033
Name of Law: Returns by exempt organizations
US Code:
26 USC 4947
Name of Law: Application of taxes to certain nonexempt trusts
US Code: 26 USC 501(r) Name of Law: Additional Requirements for Certain Hospitals
There is an increase in total burden hours due to requirements under The Affordable Care Act of 2010 as further described in the proposed regulations in §§1.501(r)-4 and 501(r)-6(c). The collection of information flows from section 501(r)(4) of the Internal Revenue Code (Code), which requires hospital organizations to establish a written financial assistance policy and a written policy related to care for emergency medical conditions, and section 501(r)(6), which requires a hospital organization to make reasonable efforts to determine whether an individual is eligible for assistance under a financial assistance policy before engaging in extraordinary collection actions against that individual. The expected recordkeepers are hospital organizations described in sections 501(c)(3) and 501(r)(2).
$20,000
No
No
Yes
No
No
Uncollected
Bruce Lewis 2022830662 ext. 0662
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Return of Organization Exempt From Income Tax ...; Schedule O - Supplemental Information to Form 990