Form 990 Schedule E

Introduction

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 and 990-EZ filers.

What is 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 990/990-EZ information return.

Schedule E Filing Requirements

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

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

Part I - Schools

Organizations use Part I to provide details about their policies regarding admissions, financial aid, scholarships, faculty, and nondiscrimination. Part I also contains information about all catalogues.

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

Part II - Supplemental Information

Organizations usually use Schedule E Part II to give the narrative explanations they need, if needed, to go along with their answers on different lines of Form 990 and 990-EZ returns.

This part can also be replicated by people who are fill out IRS Form 990 or 990-EZ and need more space to give more information.

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 annual information 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 Form 990/990-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 990/990-EZ return to the IRS and get the acceptance in just a few hours.

Even if the IRS rejects your exempt return 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.