Example: stock market
Search results with tag "Foun"
Organization Status for Your Tax-Exempt
www.irs.govTax on investment income of private foun-dations. The Taxpayer Certainty and Disaster Tax Relief Act of 2019, reduced the 2% excise tax on investment income of private foundations to 1.39%. At the same time, the legislation re-pealed the 1% special rate that applied if the private foundation met certain distribution re-quirements.
2021 Publication 526 - IRS tax forms
www.irs.govtions) (other than certain private foun-dations described in section 509(a)(3) or for the establishment of a new, or maintenance of an existing, donor ad-vised fund, as described in section 4966(d)(2)). Contributions of noncash property and contribu-tions carried forward from prior years don’t qualify for this deduction.