IRS Releases Tips for Answering Questions on Charities’ Overseas Work

The Internal Revenue Service has released the fifth in a series of tip sheets to help nonprofit organizations prepare their Form 990 informational tax return, the primary document that groups file each year.

The new tips focus on information the IRS seeks about organizations’ foreign activities on both the “core form” filed by all organizations and Schedule F, “Statement of Activities Outside the United States,” that some groups must also submit.

The IRS significantly redesigned the Form 990 for the 2008 tax year, and Schedule F is a new attachment.