New Form 8940 For Miscellaneous Exempt Organizations Determination Requests

The IRS released a new form last week for tax-exempt organizations to request determinations about their tax-exempt status (other than an initial application for exemption). There was previously no form for making such requests. The one-page Form 8940 , Request for Miscellaneous Determination, can be used to make a request for:

• advance approval of private foundation scholarship procedures;
• advance approval of certain private foundation set-asides;
• advance approval of private foundation voter registration activities;
• exemption from Form 990 filing requirements;
• advance approval that a potential grant or contribution constitutes an "unusual grant" excluded from certain public support calculations;