WITAXLADY Posted September 14, 2017 Report Share Posted September 14, 2017 so with the new IRS format - hard to search - singing group does not have non profit status but basically is but does solicit $$ for youth for costumes, state fair, etc,,, what form do they file please? less than $25,000 help please thx d Quote Link to comment Share on other sites More sharing options...
rfassett Posted September 14, 2017 Report Share Posted September 14, 2017 Without non-profit status, it sounds like a joint venture and/or partnership. The funds they are "soliciting" is payment for their services. Certainly they cannot hold themselves out as a non-profit for tax deduction donations, right? Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted September 14, 2017 Author Report Share Posted September 14, 2017 as I responded to her - I see they are not even a LLC - and told her Sch C - they need to change something so the donations they are soliciting for are deductible!! Thank you! Quote Link to comment Share on other sites More sharing options...
Lee B Posted September 14, 2017 Report Share Posted September 14, 2017 In the dim corners of my mind, it seems to me that is is considered to be an "association" which ends up filing a Form 1120. Of course I could be wrong, it wouldn't be the first time ? Quote Link to comment Share on other sites More sharing options...
BHoffman Posted September 15, 2017 Report Share Posted September 15, 2017 It also might be considered an exempt social club via Sec. 501(c)7. This is sticky. Does it really rise to the level of a Sch C business? Are they in it for making profits? Is the group specifically paid for performing? Quote Link to comment Share on other sites More sharing options...
Evan S. Golar Posted September 15, 2017 Report Share Posted September 15, 2017 If the organization wishes to become a tax exempt, then I suggest as BHoffman states apply for a 501(c)(7) status by filing Form 1024 and submit the appropriate application fee - Form 8918. However, donations to non 501(c)(3) entities (charities) don't qualify as charitable donations to donors. 2 Quote Link to comment Share on other sites More sharing options...
WITAXLADY Posted September 17, 2017 Author Report Share Posted September 17, 2017 thank you ! Quote Link to comment Share on other sites More sharing options...
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