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Form 1041 (Schedule I) Renton Washington: What You Should Know

Yes RENTON, WA 98057. Is the organization filing Form 990 in lieu of Form 1041? Yes If yes: Are there any tax consequences under a separate Form 990 or Schedule 990? A Form 990 or Schedule 990 is required because the organization must follow the instructions found on Form 990, even though the organization may not be required to file Form 940, Form 1120, or Form 1120S to report the income from the property used in the trade or business. Form 990 or Form 990-EZ is required because the organization may report the income from the real estate sold in the trade or business to non-governmental persons.

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