|About the Book|
IntroductionThis publication discusses the rules and procedures for organizations that seek recognition of exemption from federal income tax under section 501(a) of the Internal Revenue Code (the Code). It explains the procedures you must follow toMoreIntroductionThis publication discusses the rules and procedures for organizations that seek recognition of exemption from federal income tax under section 501(a) of the Internal Revenue Code (the Code). It explains the procedures you must follow to obtain an appropriate ruling or determination letter recognizing your organizations exemption, as well as certain other information that applies generally to all exempt organizations. To qualify for exemption under the Code, your organization must be organized for one or more of the purposes specifically designated in the Code. Organizations that are exempt under section 501(a) include those organizations described in section 501(c). Section 501(c) organizations are covered in this publication.Chapter 1, Application, Approval, and Appeal Procedures, provides general information about the procedures for obtaining recognition of tax-exempt status.Chapter 2, Filing Requirements and Required Disclosures, contains information about annual filing requirements and other matters that may affect your organizations tax-exempt status.Chapter 3, Section 501(c)(3) Organizations, contains detailed information on various matters affecting section 501(c)(3) organizations, including a section on the determination of private foundation status.Chapter 4, Other Section 501(c) Organizations, includes separate sections for specific types of organizations described in section 501(c).Chapter 5, Excise Taxes, provides information on when excise taxes may be imposed.Organizations not discussed in this publication. Certain organizations that may qualify for exemption are not discussed in this publication, although they are included in the Organization Reference Chart. These organizations (and the Code sections that apply to them) are as follows.Corporations organized under Acts of Congress 501(c)(1)Teachers retirement fund associations 501(c)(11)Mutual insurance companies 501(c)(15)Corporations organized to finance crop operations 501(c)(16)Employee funded pension trusts (created before June 25, 1959) 501(c)(18)Withdrawal liability payment fund 501(c)(22)Veterans organizations (created before 1880) 501(c)(23)National Railroad Retirement Investment Trust 501(c)(28)CO-OP health insurance issuers 501(c)(29)Religious and apostolic associations 501(d)Cooperative hospital service organizations 501(e)Cooperative service organizations of operating educational organizations 501(f)Section 501(c)(24) organizations (section 4049 ERISA trusts) are neither discussed in the text nor listed in the Organization Reference Chart.Similarly, farmers cooperative associations that qualify for exemption under section 521, qualified state tuition programs described in section 529, and pension, profit-sharing, and stock bonus plans described in section 401(a) are not discussed in this publication.Check the Table of Contents at the beginning of this publication to determine whether your organization is described in this publication. If it is, read the chapter (or section) that applies to your type of organization for the specific information you must give when applying for recognition of exemption.