“2013 Form 990” from DWD’s Mission-Minded Blog

The “2013 Form 990” written by Carrie Minnich on Dulin, Ward & DeWald, Inc.’s nonprofit blog, Mission Minded outlines new clarifications in the form. Here’s a snippet:

“The IRS has released a draft of the 2013 Form 990, Return of Organization Exempt from Income Tax, and related CarrieMinnichwebinstructions. There are no significant changes to the form itself; however, the instructions have been clarified to reflect the following.

The General Instructions:
Clarify that a short period return cannot be filed electronically unless it is an initial or final return for which the “Initial return” or “Terminated” box is checked in Item B of the Form 990 Heading.

Explain that if a Form 990-N filer changes its accounting period, it must report this change either on Form 990/990-EZ or Form 1128.

Clarify that organizations that change their accounting period must report any adjustment required by section 481(a) in Parts VIII through XI of Form 990 and in Schedule D (Form 990), Parts XI and XII, as applicable.”

Read more at Mission Minded.

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