Laws calm legal forms guide Form 600T is for exempt organization unrelated business income tax return estates and trusts operating in Georgia. They are exempt from business taxes but required to file a federal Form 990 Dashti to document unrelated business income. They are also required to file a Form 600 Dashti with the state, which can be obtained from the website of the Georgia Department of Revenue. To complete the form: 1. At the top of the form, indicate with a check mark if it is an amended return due to IRS changes, a return documenting an address change, or if a UET annualization exception is attached. 2. Give the calendar year for which you are filing or the beginning and ending dates of the fiscal year in question. 3. Provide the name and address of both the organization and the fiduciary. 4. Include the organization's federal employer identification number (NAICS code), the date of its current exemption letter, and the IRS Code section under which it is exempt. 5. On Schedule 1, enter your unrelated business income taxable as documented on the federal return 990. Attach a copy of this return. 6. Enter additions on lines 2 and 3 and enter the sum on line 4. 7. Enter subtractions on line 4, subtracting line 4 from line 3 and enter the difference on line 5. 8. On line 1 of Schedule 1, multiply the value on line 5 by 6%. Enter the sum of applicable credits and payments already made on line 2, and withholding credits on line 3. Subtract these from line 1 and enter the difference on line 4. 9. Lines 5 through 8 concern adjustments made on underpayment or late filing and payment. If you have overpaid, indicate the size of your expected refund on line 9. To watch more videos, please make sure to visit...
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Video instructions and help with filling out and completing When Form 1120 C Exempt
