Form 8911 – Alternative Fuel Vehicle Refueling Property Credit
Form 8911 is used to claim a tax credit for the cost of installing alternative fuel vehicle refueling equipment, like electric vehicle chargers, at your home or business. This credit helps to offset the costs of going green.
Form 5695 – Residential Energy Credits (reiterated due to relevance to homeowners)
Form 5695 is the IRS tax form you use to claim credits for making energy-efficient improvements to your home. Using this form can lower your tax bill by reducing the amount you owe.
Form 1024-A – Application for Recognition of Exemption Under Section 501(c)(4) of the Internal Revenue Code
Form 1024-A is used by certain organizations to apply for tax-exempt status as a social welfare organization under section 501(c)(4) of the Internal Revenue Code. Getting this designation can significantly impact an organization's financial operations and fundraising.
Form 1023 – Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code
Form 1023 is the document used by organizations seeking to be recognized as a tax-exempt charity under section 501(c)(3) of the Internal Revenue Code. It’s a crucial step for nonprofits to gain tax benefits and attract donors.
Form 990-PF – Return of Private Foundation (previously noted but critical for private foundations)
Form 990-PF is the annual information return that private foundations must file with the IRS. It provides transparency about the foundation’s activities, finances, and operations.
Form 990-T – Exempt Organization Business Income Tax Return
Form 990-T is an IRS tax form used by tax-exempt organizations to report and pay taxes on any income they earn from unrelated business activities. It ensures that tax-exempt entities don't unfairly compete with for-profit businesses.
Form 990-N – Electronic Notice (e-Postcard) for Tax-Exempt Organizations Not Required to File Form 990 or 990-EZ
Form 990-N, also known as the e-Postcard, is a simplified annual filing for tax-exempt organizations with gross receipts under a specific threshold. It’s designed to help smaller nonprofits meet their reporting obligations with the IRS.
Form 1040-ES – Estimated Tax for Individuals (useful for disaster planning and budgeting)
Form 1040-ES is used to pay estimated taxes if you don’t have taxes withheld from your income. It's particularly useful for disaster planning and budgeting to avoid surprise tax bills.
Form 4684 – Casualties and Thefts (highlighted under disaster-related claims)
Form 4684 is used to report losses from casualties (like damage from a natural disaster) and thefts. It's crucial for claiming deductions related to these unfortunate events.
Form 720-TO – Terminal Operator Report
Form 720-TO is an IRS form that certain terminal operators must file to report fuel removals. It helps ensure that the proper excise taxes on fuel are collected.