HomePricingTax ProfessionalsAppsContact UsSupportBlog
Sign InSign Up
 

Form 990 Schedule E

Introduction

Form 990 Schedule E, is generally filed by organizations to report information on private schools.

If you're a tax-exempt or non-profit organization looking for comprehensive information on Schedule E, you've come to the right place. In this resource guide, we will explain the purpose of Schedule E and address common queries to provide clarity and guidance for 990 filers.

Table of Contents

What is Form 990 Schedule E?

Schedule E, Schools is a supplementary schedule filed annually by school organizations along with their Form 990 or Form 990-EZ return to report additional information and meet their nonprofit tax filing requirements completely.

Who must file Schedule E?

Organizations that are organized and operate as Private Schools described in section 170(b)(1)(A)(ii) are required to attach Schedule E along with their Form 990 or 990-EZ information return.

Schedule E Filing Requirements

All non-profits and exempt organizations i.e., schools that file Form 990 or 990-EZ must complete and attach Schedule E.

Below, we have provided Schedule E filing requirements for each part.

Part I - Schools

Schedule E Part I is used by organizations to provide information about the racially nondiscriminatory policy, educational policies, admission policies, faculties, financial assistance, scholarships, and all catalogues.

To complete this part, the filing organization must provide suitable Yes or No answers to the questionnaire asked.

Part II - Supplemental Information

Schedule E Part II is generally used by organizations to provide the narrative explanations required, if applicable, to supplement responses on various lines of Form 990 and 990-EZ returns.

Also, the part can be duplicated by both IRS Form 990 and 990-EZ fillers in need of additional space to provide additional explanation.

Choose TaxZerone to complete your Schedule E filing

As an esteemed IRS-authorized e-file service provider, we at TaxZerone promise more than just updates – we promise instant insights into your 990 return filing status, putting you in control at every turn.

At TaxZerone, it's not just about filing; it's about a seamless e-filing experience crafted just for you!

Here's how your 990-EZ return with Schedule E attachment is transmitted to the IRS in 3 simple steps!

  1. Provide Organization Details - Choose the tax year for which you want to file a return, and provide your organization's details.
  2. Preview the Return - Complete Schedule E and preview the information provided in the return for accuracy before transmitting.
  3. Transmit to the IRS - Transmit Schedule E along with your 990-EZ return to the IRS and get the acceptance in just a few hours.

Even if the IRS rejects your Form 990-EZ due to any reason, you can correct and retransmit it to the IRS for free! With TaxZerone, you're not alone – we're your partners in success.

Embark on a stress-free tax journey with TaxZerone –your gateway to effortless filing!

Your journey to seamless tax compliance begins here!

E-file Form 990-EZ

Commonly Asked Questions

The purpose of filing Schedule E is to provide more detailed information on private schools.

An organization that answered “Yes” on Form 990, Part IV, line 13, or Form 990-EZ, Part VI, line 48, must complete and attach Schedule E to Form 990 or 990-EZ, as applicable.

This means the filing organization checked the box on Schedule A (Form 990), Public Charity Status and Public Support, Part I, line 2, because it's a school.

There's no separate filing deadline for Form 990 Schedule E as it aligns with the deadline for the standard Form 990.

In most cases, the due date to file a 990/990-EZ return is on the 15th day of the 5th month after the end of your organization's fiscal year. For organizations that follow the calendar year (ending on December 31), the due date is May 15th.