IRS Schedule B (Form 990), the Schedule of Contributors, is the form that tax-exempt organizations attach to Form 990, Form 990-EZ, or Form 990-PF to list the large donors who gave money or property during the tax year. You file it when a contributor crosses a dollar threshold set by either the General Rule or one of three Special Rules, and you attach it to your main return.
Getting Schedule B right matters because it carries your donors’ names, addresses, and gift amounts, and a single slip can expose private donor data or trigger an IRS notice. The IRS processes more than 1.5 million returns in the Form 990 series each year, and Schedule B is one of the most error-prone attachments because of its public-inspection traps and shifting dollar limits. This guide uses the current Schedule B form (Rev. January 2025) and the Schedule B instructions revised 12/2024, which are now a continuous-use form you use for tax year 2024 and later until the IRS issues a new one.
Here is what you will learn:
- 📋 Who must file Schedule B and who can check a box to skip it
- 🧮 How the General Rule and three Special Rules set your reporting threshold
- ✍️ How to fill out Part I, Part II, and Part III line by line
- 🔒 How to protect donor names from public inspection
- ⚠️ The mistakes that get returns flagged and donor data exposed
What Schedule B Is and Who Must File It
Schedule B (Form 990) reports the contributions, grants, bequests, devises, and gifts of money or property that your organization already reported on its main return: Form 990, Part VIII, line 1; Form 990-EZ, Part I, line 1; or Form 990-PF, Part I, line 1. The schedule does not create new revenue numbers. It breaks down who gave the larger gifts that make up those totals. The form receives its authority from section 6033 of the Internal Revenue Code and Regulations section 1.6033-2, which spell out who reports donor names.
Every organization that files a Form 990, 990-EZ, or 990-PF must complete and attach Schedule B unless it certifies that it does not meet the filing requirement. A 501(c)(3) public charity, a private foundation, a 501(c)(7) social club, and a 527 political organization can all face Schedule B duty. The form is filed by the organization itself, usually through a treasurer, an executive director, or a paid CPA. Whoever signs the main return is responsible for the attached schedule.
You skip Schedule B only by certifying you do not need it. You do that by answering “No” on Form 990, Part IV, line 2; by checking the box on Form 990-EZ, line H; or by checking the box on Form 990-PF, Part I, line 2. The statute behind this is section 6033, which requires exempt organizations to report contributor information. Ignoring it can lead to an incomplete-return penalty. For example, a small youth sports nonprofit that received no single gift of $5,000 or more answers “No” on Form 990, Part IV, line 2, and attaches nothing. A common misconception is that every nonprofit must file Schedule B; in truth, many do not meet any threshold and simply certify out.
Before You Start: Documents and Information You Need
Gather your records before you open the form, because Schedule B pulls directly from your books. Your numbers must match your main return to the dollar, so accuracy here saves you from filing an amended return later. Use the same accounting method (cash or accrual) that you checked on Form 990, Part XII, line 1; Form 990-EZ, line G; or Form 990-PF, line J.
Here is your pre-filing checklist:
- Your completed main return (Form 990, 990-EZ, or 990-PF). You need the total contributions figure because the Special Rule threshold is based on it; without it you cannot compute the 2% test.
- Your IRS determination letter or subsection code. Your 501(c) status decides which rule applies and whether you must show donor names; the wrong code sends you to the wrong threshold.
- A full contributor list for the tax year. You need every donor and amount to spot who crosses the threshold; a missing donor means an incomplete schedule.
- Donor names, mailing addresses, and ZIP codes. Section 501(c)(3) and 527 groups must report these; a missing address triggers an incomplete-entry flag.
- The amount of each contribution. Column (c) requires totals per donor; a wrong figure breaks the tie to Part VIII, line 1.
- Descriptions and fair market value of noncash gifts. Part II needs the property description and FMV; without an FMV you cannot complete the noncash columns.
- Dates each noncash gift was received. Part II asks for the receipt date; a missing date can misstate the tax year of the gift.
- Your Employer Identification Number (EIN). It goes in the heading; a wrong EIN can misroute or reject your return.
- Form 8283 copies from donors, if any. You may need to complete and return them so donors can claim deductions; losing them costs your donors their write-off.
- Schedule A support-test results, if you are a 501(c)(3) public charity. You need it to claim the 2% Special Rule; without passing the 33⅓% test you cannot use the higher threshold.
If any item is missing, stop and find it before you file. A blank or guessed entry can expose donor data or force an amendment.
Where to Get the Form and How to Access It
You get Schedule B straight from the IRS. Download the official Schedule B PDF and the matching Schedule B instructions from IRS.gov. The form is now a continuous-use form, so it is no longer reissued every year; the current version is marked Rev. January 2025, and you should confirm that revision date near the top of your copy before you start. Check the Form 990 Schedule B page for any future developments.
Most filers never touch the paper PDF, because nearly all Form 990-series returns must now be e-filed. Under the Taxpayer First Act, tax-exempt organizations must file their 990, 990-EZ, and 990-PF returns electronically, and the e-file system builds Schedule B from the data you enter. You access it through an IRS-authorized e-file provider such as Tax 990, File 990, or your CPA’s professional software.
If you are completing a paper copy for your records or for a rare paper-eligible filer, you may duplicate Parts I, II, and III as many times as you need and number each page (for example, Page 2 of 5, Part II). Do not attach substitute schedules or your own donor spreadsheets in place of the form. A common mistake is downloading an old annual-revision Schedule B from a third-party site; always pull the current continuous-use version from IRS.gov so your field labels and rules match.
Step-by-Step: How to Fill Out Schedule B (Form 990) Line by Line
Schedule B has a heading, a set of rule boxes, and three numbered parts. Work top to bottom: identify yourself, check the rule that applies, then list contributors in Part I, noncash gifts in Part II, and exclusively charitable gifts in Part III if you are a club. Below, each field gets its own walkthrough.
Heading: Name of the Organization
The heading asks for your organization’s legal name exactly as the IRS knows it. Enter the full legal name that appears on your determination letter and your main Form 990, not a nickname or “doing business as” name. For example, Riverside Community Arts Center, Inc. writes its full corporate name, not Riverside Arts. If your legal name and DBA differ, use the legal name that matches the parent return.
A mismatch between the Schedule B name and the Form 990 name can cause the IRS to question whether the schedule belongs to your return. A common misconception is that the name here is just a label; it actually links the schedule to your filing record, so it must match the main return word for word.
Heading: Employer Identification Number (EIN)
This field asks for your nine-digit federal EIN. Enter it in the standard XX-XXXXXXX format, using the same number printed on your Form 990, 990-EZ, or 990-PF. For example, Riverside Community Arts Center enters 47-1234567. Use your own EIN, never a donor’s tax ID.
If you recently changed your EIN or merged with another entity, use the EIN under which you are filing the current return. A wrong EIN can misroute your return or trigger a mismatch notice. A common mistake is transposing two digits; even one wrong digit can detach the schedule from your return in the IRS system.
Heading: Organization Type (Filer Box)
This area asks you to check the box that describes your filer and subsection. Check the single box that fits: a 501(c) organization with its subsection number entered (for example, (c)( 3 )), a 4947(a)(1) nonexempt charitable trust, or a 527 political organization. For example, a social club checks 501(c)( 7 ), while a public charity checks 501(c)( 3 ). Enter only the one type that matches your determination letter.
Your choice here drives everything that follows, because the subsection decides your dollar threshold and whether you must show donor names. If you check the wrong subsection, you may apply the wrong rule and either over-report or under-report donors. A common misconception is that all 501(c) groups are treated alike; only 501(c)(3) and 527 filers must disclose contributor names and addresses.
The Rule Boxes: General Rule vs. Special Rules
Below the heading, the form asks you to check the General Rule or one of three Special Rules. Read each box and check the one that fits your facts. Most filers check the General Rule: report every contributor who gave $5,000 or more in money or property during the tax year. For example, a small 501(c)(6) trade association that received one $9,000 corporate gift checks the General Rule box.
The first Special Rule is for 501(c)(3) groups that pass the 33⅓% public support test; the second and third are for 501(c)(7), (8), and (10) social and fraternal clubs. To apply the General Rule’s $5,000 test, count all separate gifts of $1,000 or more from one donor; you may disregard gifts under $1,000. The most common mistake here is checking both a Special Rule and the General Rule, which signals a contradiction; check only the one that applies. A frequent misconception is that the $5,000 line is per gift; it is the donor’s total for the year.
Special Rule 1: 501(c)(3) Organizations and the 2% Test
This box asks 501(c)(3) public charities that meet the 33⅓% support test to use a higher threshold. If you qualify, list only contributors whose gifts of $5,000 or more also exceed 2% of the amount on Form 990, Part VIII, line 1h, column (A) (or Form 990-EZ, line 1). For example, a charity reporting $700,000 in total contributions uses a threshold of $14,000 (2% of $700,000), so a donor who gave $11,000 is not listed even though it tops $5,000.
To claim this rule you must establish the 33⅓% support test on Schedule A (Part II) or check the first-five-years boxes on Schedule A. If you use this rule without passing the support test, the IRS can require you to list more donors. A common misconception is that every charity uses the 2% threshold; you only get it if Schedule A backs up your public-support status.
Special Rule 2: 501(c)(7), (8), and (10) Charitable Gifts Over $1,000
This box applies to social clubs, fraternal beneficiary societies, and domestic fraternal societies that received gifts for exclusively religious, charitable, scientific, literary, or educational purposes, or to prevent cruelty to children or animals. List each contributor whose charitable gifts totaled more than $1,000 for the year, counting all of that donor’s charitable gifts regardless of size. For example, a Masonic lodge that received $1,500 from one member earmarked for a children’s hospital lists that donor and completes Parts I, II, and III.
Clubs using this rule enter “N/A” in Part I, column (b), instead of the donor’s name and address. If you skip Part III after listing such a gift, your schedule is incomplete. A common misconception is that clubs never file Schedule B; once a charitable gift tops $1,000, the club must complete all three parts.
Special Rule 3: 501(c)(7), (8), or (10) With No Donor Over $1,000
This box is the short-cut for clubs that received some exclusively charitable gifts but no single donor crossed the $1,000 mark. If that describes you, you do not complete Parts I through III for those gifts; instead, check the third Special Rules box and enter the total charitable contributions received during the year in the space provided. For example, a fraternal order that collected $800 total in small charitable gifts checks this box and writes $800.
You still must apply the General Rule separately to any non-charitable gifts of $5,000 or more. Leaving this box unchecked while reporting nothing about charitable gifts can look like an omission. A common misconception is that small charitable gifts are ignored entirely; the total still gets reported on the face of the form.
Part I, Column (a): Contributor Number
Part I asks you to number each contributor. Identify the first contributor as No. 1, the second as No. 2, and continue consecutively across all pages. For example, a charity with three reportable donors numbers them 1, 2, and 3. Keep the numbers in order even when you duplicate pages.
These numbers tie Part I to Part II, because Part II references the same contributor number. If you renumber or skip a number, Part II’s noncash entries no longer match the right donor. A common misconception is that the order matters by gift size; it does not, but the numbering must stay consistent across every part.
Part I, Column (b): Name, Address, and ZIP Code
This column asks for the contributor’s name and full mailing address. If you are a 501(c)(3) (including a 4947(a)(1) trust or a 6033(d) nonexempt private foundation) or a 527 organization, enter the donor’s name, street address, city, state, and ZIP code. For example, Marcus Bell, 482 Oak Street, Dayton, OH 45402. All other organizations enter “N/A” here and keep the names only in their own books.
If you genuinely do not know who gave, enter “anonymous” — but only when the identity is truly unknown, not to hide a known donor. For a 527 group that paid the section 527(j)(1) amount, enter “Pd. 527(j)(1)” instead of the name. The biggest mistake on this column is a non-501(c)(3)/527 group entering real donor names instead of “N/A,” which needlessly exposes private donor data. A common misconception is that you may always hide donors as “anonymous”; that label is reserved for donors whose identity you do not actually know.
Part I, Column (c): Total Contributions
This column asks for the donor’s total contributions for the tax year. Enter the full dollar amount that donor gave during the year, combining all their separate gifts of $1,000 or more. For example, if Marcus Bell gave $3,000 in March and $4,000 in October, you enter $7,000. Use the same accounting method as your main return.
The total here, added across all donors, must reconcile with the contributions you reported on Form 990, Part VIII, line 1. If column (c) figures do not tie out, the IRS sees a mismatch between your schedule and your return. A common misconception is that you list each gift separately; you report one yearly total per contributor.
Part I, Column (d): Type of Contribution
This column asks how each gift came in. Check all boxes that apply: Person for direct cash gifts, Payroll for gifts an employer withheld and forwarded, and Noncash for property. A cash contribution includes cash, check, credit card, money order, and wire or electronic transfer. For example, a $7,000 check is marked Person, while a donated van is marked Noncash.
If you check Noncash, you must also complete Part II for that donor. For payroll gifts, you generally report the employer’s name and total unless you know one employee gave enough to be listed alone. The most common mistake is checking Noncash but forgetting Part II, which leaves the schedule incomplete. A common misconception is that credit-card gifts are noncash; they are treated as cash.
Part II, Column (a): Contributor Number (Noncash)
Part II asks for the number that matches the contributor in Part I. Enter the same number you assigned in Part I, column (a), so each property gift ties to the right donor. For example, if Marcus Bell is No. 1 in Part I, his donated artwork is No. 1 in Part II. Do not start new numbering in Part II.
This cross-reference is the only link between the donor and the property described, so a wrong number attaches the gift to the wrong person. If the numbers do not match, the IRS cannot tell which donor gave the property. A common misconception is that Part II is numbered on its own; it always mirrors Part I.
Part II, Column (b): Description of Noncash Property
This column asks you to describe the property received, regardless of its value. Write a clear, specific description such as 50 shares of Apple Inc. common stock or 2018 Ford Transit cargo van, VIN ending 4471. For example, an animal shelter describes a donated truck as 2015 Toyota Tacoma pickup, 90,000 miles. Be detailed enough that a reader can identify the asset.
Remember the public-inspection rule: for most non-527 groups the description and amount of noncash gifts are open to the public even when names are not. A vague entry like “misc. items” can draw an IRS question and understate what you received. A common misconception is that low-value property need not be described; you describe every noncash gift in Part II no matter the amount.
Part II, Columns (c) and (d): Fair Market Value and Date Received
These columns ask for the property’s fair market value (FMV) and the date you received it. Report FMV using market quotes for securities, or an appraised or estimated value when no market price exists; for listed securities, use the average of the high and low quoted prices on the gift date. For example, the shelter enters $9,500 FMV and 06/14/2025 for the donated pickup. If property carries debt, subtract the debt from FMV.
Enter the receipt date only once the donor has fully given up use of the property; for securities sold immediately, report the net proceeds plus broker fees as a property gift, not cash. A common mistake is reporting the donor’s claimed deduction instead of true FMV, which can overstate revenue. A common misconception is that you can list a round guess; the IRS expects a supportable FMV, and large gifts may need a Form 8283 appraisal.
Part III: Exclusively Religious, Charitable Gifts (Clubs Only)
Part III applies only to 501(c)(7), (8), and (10) organizations that listed an exclusively charitable gift over $1,000. For each such donor, enter the purpose of the gift, the use of the gift, a description of how the gift is held (for example, whether it is commingled with other funds), and, if you passed it to another group, the transferee’s name, address, and relationship. For example, a lodge writes purpose: pediatric cancer care; use: hospital donation; held: separate restricted account.
In the Part III heading, also show the total of charitable gifts that were $1,000 or less for the year, and complete this only on the first Part III page if you duplicate pages. Skipping Part III after flagging a charitable gift in Part I leaves a required part blank. A common misconception is that Part III applies to all nonprofits; only social and fraternal clubs use it, and only for exclusively charitable gifts.
Three Filled-Out Examples Using Real Scenarios
Below are three common filers carried through Schedule B from start to finish. Each table shows the key entries for that organization.
Scenario 1 — Aisha runs a 501(c)(3) public charity that passes the 33⅓% support test. Her group, Bright Futures Tutoring, Inc., reported $700,000 in total contributions, so it uses the 2% Special Rule and a $14,000 threshold.
| Form Section | What Aisha Enters |
|---|---|
| Name of organization | Bright Futures Tutoring, Inc. |
| EIN | 47-2210034 |
| Organization type | 501(c)( 3 ) |
| Rule box | Special Rule — 33⅓% support test |
| Threshold applied | Greater of $5,000 or 2% of $700,000 = $14,000 |
| Part I, No. 1, col (b) | The Hartwell Foundation, 12 Main St, Akron, OH 44301 |
| Part I, No. 1, col (c) | $50,000 |
| Part I, No. 1, col (d) | Person (cash) |
| Part I, No. 2, col (c) | $11,000 donor not listed (below $14,000) |
| Part II | Not needed (no noncash gifts) |
Scenario 2 — Marcus is treasurer of a 501(c)(3) that did not pass the support test. His group, Dayton Free Clinic, uses the General Rule, so the threshold is a flat $5,000, and it received both cash and a donated vehicle.
| Form Section | What Marcus Enters |
|---|---|
| Name of organization | Dayton Free Clinic |
| EIN | 31-9087654 |
| Organization type | 501(c)( 3 ) |
| Rule box | General Rule — $5,000 or more |
| Part I, No. 1, col (b) | Marcus’s named donor, 482 Oak St, Dayton, OH 45402 |
| Part I, No. 1, col (c) | $7,000 |
| Part I, No. 1, col (d) | Person |
| Part I, No. 2, col (d) | Noncash (donated van) |
| Part II, No. 2, col (b) | 2015 Toyota Tacoma pickup |
| Part II, No. 2, cols (c)/(d) | $9,500 FMV, 06/14/2025 |
Scenario 3 — Janet handles filings for a 501(c)(7) social club that received a $1,500 gift earmarked for a children’s hospital, plus $800 in small charitable gifts. The club uses the Special Rules for clubs and completes Part III.
| Form Section | What Janet Enters |
|---|---|
| Name of organization | Lakeside Social Club |
| EIN | 26-3344551 |
| Organization type | 501(c)( 7 ) |
| Rule box | Special Rule — charitable gifts over $1,000 |
| Part I, No. 1, col (b) | N/A (clubs do not name donors here) |
| Part I, No. 1, col (c) | $1,500 |
| Part I, No. 1, col (d) | Person |
| Part III, purpose | Pediatric care donation |
| Part III, how held | Separate restricted account |
| Part III heading total | $800 in gifts of $1,000 or less |
How to File the Completed Schedule B
Schedule B is never filed by itself. You attach it to your main return and file them together, so the schedule follows the same channel as your Form 990, 990-EZ, or 990-PF.
- Electronic filing (required for nearly all filers). Under the Taxpayer First Act, most exempt organizations must e-file. Use an IRS-authorized e-file provider such as Tax 990 or File 990, or your CPA’s software. There is no IRS fee to e-file, though providers charge their own software fees (often $40 to several hundred dollars). The system processes the return within minutes to days, and your proof of filing is the electronic acceptance confirmation; save the PDF and the submission ID.
- Paper filing (rare exceptions only). A few filers who qualify for a paper exception mail the full return with Schedule B attached to the IRS center listed in the Form 990 instructions (generally Ogden, UT). There is no filing fee. Use certified mail with return receipt, and keep the green card and a stamped copy as proof of filing.
Do not mail Schedule B separately, and do not include it with any state copy unless the state specifically requires a schedule of contributors. States that do not require it might accidentally expose your donor list to public inspection. Keep a complete copy of the filed schedule with your permanent records.
What Happens After You File
Once your return is accepted, the IRS posts your Form 990 series return for public inspection, but Schedule B donor names get special treatment. For most 501(c) groups other than private foundations and 527 organizations, the IRS and the public copy redact contributor names and addresses, while the gift amounts and noncash descriptions remain visible.
For a Form 990-PF private foundation and for 527 political organizations, the entire Schedule B — including donor names and addresses — is open to public inspection. That means a 527 committee’s large donors will appear on public databases such as GuideStar/Candid and the IRS Tax Exempt Organization Search. Know this before you file, because you cannot claw back a disclosed name.
If the IRS finds your schedule incomplete or inconsistent with your return, it may send a notice asking you to supply missing information or correct a mismatch. Responding promptly avoids escalation. The agency can assess penalties for filing an incomplete return under section 6652, so treat a notice as urgent and fix the gap fast.
Mistakes to Avoid When Filling Out Schedule B
- Filing names when you should enter “N/A.” A non-501(c)(3)/527 group that lists real donor names exposes private donor data that should have stayed in its books.
- Forgetting to answer “No” on Form 990, Part IV, line 2. Leaving it blank when no schedule is required can make your return look incomplete and draw a notice.
- Mixing up the General Rule and the 2% Special Rule. Using the wrong threshold makes you list too many or too few donors and can misstate your reporting.
- Treating $5,000 as a per-gift test. It is the donor’s yearly total, so missing this under-reports big donors.
- Including Schedule B with a state copy. A state that does not require it may publish your donor names by accident.
- Checking “Noncash” but skipping Part II. The schedule is incomplete and the noncash gift is undocumented.
- Reporting the donor’s claimed deduction instead of true FMV. This overstates revenue and can clash with your books.
- Letting column (c) totals miss the Form 990, Part VIII, line 1 figure. A reconciliation gap signals an error to the IRS.
- Including a Social Security number. Because the data may become public, an SSN on the form risks identity theft.
- Using an old annual-revision form. Outdated field labels and rules can produce wrong entries; use the continuous-use Rev. January 2025 version.
- Labeling a known donor “anonymous.” That label is only for donors whose identity you truly do not know.
- Clubs skipping Part III after a charitable gift over $1,000. A required part is left blank, making the schedule incomplete.
Do’s and Don’ts
Do:
- Do match Schedule B totals to Form 990, Part VIII, line 1, because the IRS cross-checks the two figures.
- Do check only one rule box, since checking both signals a contradiction.
- Do use the same accounting method as your main return, so your numbers reconcile cleanly.
- Do enter “N/A” for donor names if you are not a 501(c)(3) or 527, because you are not required to expose them.
- Do describe every noncash gift, since descriptions are open to public inspection and vague entries draw questions.
- Do keep a complete signed copy, because you may need it to answer an IRS notice.
Don’t:
- Don’t include Social Security numbers, because the form’s data can become public.
- Don’t attach Schedule B to a state copy unless required, to avoid accidental donor disclosure.
- Don’t guess at fair market value, since the IRS expects a supportable figure.
- Don’t renumber contributors between Part I and Part II, because the numbers must match.
- Don’t file Schedule B by itself, since it only travels with the main return.
- Don’t reuse last year’s threshold, because your support-test status can change each year.
Pros and Cons of Filing on Your Own vs. With Help
| Filing It Yourself | Filing With a CPA or Service |
|---|---|
| Saves the professional fee, helpful for small budgets | Costs more, but the fee buys accuracy and time savings |
| You control donor data directly, reducing third-party exposure | A pro adds a data-handling layer, though reputable firms secure it |
| Builds in-house knowledge of your filings for future years | You may rely on the pro and lose hands-on familiarity |
| Free IRS instructions guide each field | Software and CPAs flag the public-inspection and threshold traps you might miss |
| Fine for simple returns with few large donors | Worth it for complex noncash gifts, conservation easements, or 527 disclosure |
| Risk of misapplying the 2% rule without guidance | Lower error risk because the pro knows the support-test mechanics |
FAQs
Do I have to file Schedule B if no donor gave $5,000 or more?
No. If no contributor meets the General Rule or a Special Rule threshold, you answer “No” on Form 990, Part IV, line 2, and attach nothing.
Are donor names on Schedule B made public?
No. For most 501(c) groups, names and addresses are redacted from public copies, though they are public for 990-PF private foundations and 527 organizations.
Do I write the donor’s name or “N/A” in Part I, column (b)?
No single answer fits all: 501(c)(3) and 527 groups write the name and address, while every other organization enters “N/A” and keeps names in its books.
Is the $5,000 threshold based on a single gift?
No. It is the donor’s total contributions for the tax year, counting all separate gifts of $1,000 or more.
Can I use the 2% Special Rule as any 501(c)(3)?
No. Only 501(c)(3) groups that pass the 33⅓% public support test on Schedule A may use the higher 2% threshold.
Do I report a credit-card gift as noncash in column (d)?
No. Credit-card, check, wire, and electronic gifts are all treated as cash, so you check the Person box, not Noncash.
Should I include my contributor’s Social Security number?
No. Never enter an SSN, because the schedule’s data may become public and expose the donor to identity theft.
Do I complete Part II for every donor?
No. You complete Part II only for contributors marked Noncash in Part I, column (d).
Do I list each gift separately in Part I, column (c)?
No. You enter one combined yearly total per contributor, not a line for each gift.
Must a 501(c)(7) social club ever file Schedule B?
Yes. A club files when a donor’s exclusively charitable gifts top $1,000, or when a non-charitable gift hits $5,000 under the General Rule.
Do I attach Schedule B to the copy I send my state?
No. Leave it out unless the state specifically requires a schedule of contributors, to avoid exposing donor names.
Can I label a known donor “anonymous” to protect them?
No. You use “anonymous” only when you genuinely do not know the donor’s identity, not to shield a known one.
Do I report the donor’s claimed deduction as the value in Part II?
No. You report the property’s fair market value on the gift date, which may differ from the donor’s deduction.
Is Schedule B filed separately from my main return?
No. It is always attached to and filed with your Form 990, 990-EZ, or 990-PF.
Related reading
- How to Fill Out IRS Form 1040 – Schedule B + FAQs
- How to Fill Out IRS Form 990-EZ (w/Examples) + FAQs
- How to Fill Out IRS Form 990-T (w/Examples) + FAQs
- How to Fill Out IRS Schedule A (Form 990) (w/Examples) + FAQs
- How to Fill Out IRS Schedule G (Form 990) (w/Examples) + FAQs
- How to Fill Out IRS Schedule O (Form 990) (w/Examples) + FAQs