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Is the entity required to file an annual information return

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Problem - Wong, Inc., a § 501(c)(3) organization, is a private foundation with a tax year that ends on May 31. Gross receipts for the fiscal year are $180,000, and the related expenses are $160,000.

a. Is the entity required to file an annual information return?

b. If so, what form is used?

c. If so, what is the due date?

d. How would your answers in parts (a), (b), and (c) change if Wong were an exempt organization that was not a private foundation?

Reference no: EM132663698

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