Instructions for Form 990-C - Introductory Material
This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
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The cooperative may be able to deduct a portion of the income from certain qualified domestic production activities. See section
199 and
Form 8903, Domestic Production Activities Deduction. Report the deduction on Form 990-C, line 25.
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The Gulf Opportunity Zone Act of 2005 provides certain tax relief benefits for corporations. For details, see Pub. 4492, Information
for
Taxpayers Affected by Hurricanes Katrina, Rita, and Wilma.
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A cooperative can elect to deduct qualified cash contributions made after August 27, 2005, and before January 1, 2006, for
relief efforts
related to Hurricane Katrina, Rita, or Wilma without regard to the 10% taxable income limit. See Line 19, Charitable
Contributions.
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Recent legislation revised and/or created several general business credits. See the instructions for Schedule J, line 6, for
the credits,
form numbers, and information concerning allocation of credits to patrons.
Photographs of Missing Children
The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. Photographs of
missing children
selected by the Center may appear in instructions on pages that would otherwise be blank. You can help bring these children
home by looking at the
photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.
If the cooperative has attempted to deal with an IRS problem unsuccessfully, it should contact the Taxpayer Advocate. The
Taxpayer Advocate
independently represents the cooperative's interests and concerns within the IRS by protecting its rights and resolving problems
that have not been
fixed through normal channels.
While Taxpayer Advocates cannot change the tax law or make a technical tax decision, they can clear up problems that resulted
from previous
contacts and ensure that the cooperative's case is given a complete and impartial review.
The cooperative's assigned personal advocate will listen to its point of view and will work with the cooperative to address
its concerns. The
cooperative can expect the advocate to provide:
When contacting the Taxpayer Advocate, the cooperative should be prepared to provide the following information.
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The cooperative's name, address, and employer identification number (EIN).
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The name and telephone number of an authorized contact person and the hours he or she can be reached.
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The type of tax return and year(s) involved.
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A detailed description of the problem.
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Previous attempts to solve the problem and the office that was contacted.
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A description of the hardship the cooperative is facing and verifying documentation (if applicable).
The cooperative can contact a Taxpayer Advocate by calling 1-877-777-4778 (toll free). Persons who have access to TTY/TDD
equipment can call
1-800-829-4059 and ask for Taxpayer Advocate assistance. If the cooperative prefers, it can call, write, or fax the Taxpayer
Advocate office in its
area. See Pub. 1546 for a list of addresses and fax numbers.
How To Get Forms and Publications
Internet.
You can access the IRS website 24 hours a day, 7 days a week, at
www.irs.gov to:
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Download forms, instructions, and publications;
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Order IRS products online;
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Research your tax questions online;
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Search publications online by topic or keyword; and
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Sign up to receive local and national tax news by email.
CD-ROM for tax products.
You can order Pub. 1796, IRS Tax Products CD, and obtain:
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A CD that is released twice so you have the latest products. The first release ships in late December and the final release
ships in late
February;
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Current-year forms, instructions, and publications;
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Prior-year forms, instructions, and publications;
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Tax Map: an electronic research tool and finding aid;
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Tax law frequently asked questions (FAQs);
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Tax Topics from the IRS telephone response system;
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Fill-in, print, and save features for most tax forms;
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Internal Revenue Bulletins; and
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Toll-free and email technical support.
Buy the CD-ROM from the National Technical Information Service (NTIS) at
www.irs.gov/cdorders for $25 (no handling fee) or call 1-877-CDFORMS (1-877-233-6767) toll free to buy the
CD-ROM for $25 (plus a $5 handling fee). The first release ships in late December and the final release ships in late February.
By phone and in person.
You can order forms and publications by calling 1-800-TAX-FORM (1-800-829-3676). You can also get most forms and publications
at your local IRS
office.
