Instructions for
Form 990-BL
(Revised October 1999)
Information and Initial Excise Tax Return for Black Lung
Benefit Trusts and Certain Related Persons
Section references are to the Internal Revenue Code, unless otherwise noted.
Department of the Treasury
Internal Revenue Service
General Instructions
A Change to Note
Final regulations have been issued regarding
public disclosure requirements under Code
section 6104(d), as amended by the Tax and
Trade Relief Extension Act of 1998. These
regulations are effective June 8, 1999. See
Public Inspection of Completed 990-BL
Returns and Approved Exemption
Applications below for details.
Purpose of Form
Form 990-BL is generally used by black lung
benefit trusts to meet the reporting
requirements of section 6033. If initial taxes are
imposed on the trust or certain related parties,
trusts must also file Schedule A (Form
990-BL), Initial Excise Taxes on Black Lung
Benefit Trusts and Certain Related Persons.
Who Must File
The trustee must file Form 990-BL for a trust
exempt from tax under section 501(a) and
described in section 501(c)(21), unless the trust
normally has gross receipts in each tax year
of not more than $25,000.
The initial excise taxes imposed on black
lung benefit trusts, trustees, and disqualified
persons under sections 4951 and 4952 are
reported on Schedule A (Form 990-BL).
A black lung benefit trust required to file an
annual information return and liable for tax
under section 4952 should complete Form
990-BL and attach a completed Schedule A
(Form 990-BL). A trust liable for section 4952
tax but not otherwise required to file Form
990-BL should complete the identification and
signature area of Form 990-BL and attach a
completed Schedule A (Form 990-BL).
A trustee or disqualified person liable for
section 4951 or 4952 tax should complete the
heading (omitting the check boxes for
application pending, address change, and FMV
of assets) and signature area of Form 990-BL
and attach a completed Schedule A (Form
990-BL). A trustee liable for sections 4951 and
4952 taxes reports both taxes on one return.
If no tax is due under section 4951 or 4952,
do not file Schedule A (Form 990-BL).
Your key District Director will tell you what
procedures to follow if the trust or any related
persons incur any liability for additional taxes
and penalties based on sections 4951 and
4952.
Form 990-BL will not be automatically
mailed to the persons required to file it but may
be requested from the Forms Distribution
Center for your state by calling
1-800-TAX-FORM (1-800-829-3676).
An organization claiming an exempt status
under section 501(c)(21) prior to the
establishment of exempt status should file this
return if its application for recognition of
exemption is pending (including appeal of a
proposed adverse decision).
Accounting Period
The return must be on the basis of the
established annual accounting period of the
organization. If the organization has no
established accounting period, the return
should be on the basis of the calendar year.
Accounting Methods
Gross income, receipts, and disbursements
must be figured by the method of accounting
regularly used by the organization in
maintaining its books and records, unless
otherwise specified in the instructions.
When and Where To File
This return, including Schedule A (Form
990-BL) if tax is due, must be filed on or before
the 15th day of the 5th month following the
close of the filer's tax year. File it with the
Internal Revenue Service, Ogden, Utah
842010027. If the regular due date falls on a
Saturday, Sunday, or legal holiday, file on the
next business day.
You may request an extension of time to file
Form 990-BL by filing Form 2758, Application
for Extension of Time To File Certain Excise,
Income, Information, and Other Returns.
Rounding Off to Whole Dollars. You may
show the money items on the return and
accompanying schedules as whole-dollar
amounts. To do so, drop amounts less than 50
cents and increase any amounts from 50 to 99
cents to the next dollar.
Attachments. If you need more space, attach
separate sheets showing the same information
in the same order as on the printed forms.
Show the totals on the printed forms.
Enter the trust's employer identification
number (EIN) (or the disqualified person's
social security number (SSN)) on each sheet.
Also, use sheets that are the same size as the
forms and indicate clearly the line of the printed
form to which the information relates.
Penalties
If an organization fails to file timely, correctly,
or completely, it will have to pay $20 for each
day ($100 a day if it is a large organization)
during which such failure continues, unless it
can be shown that the failure was due to
reasonable cause. The maximum penalty with
respect to any one return is the smaller of
$10,000 ($50,000 for a large organization) or
5% of the gross receipts of the organization for
the year.
The IRS may make written demand that the
delinquent return be filed or the information
furnished within a reasonable time after mailing
of notice of the demand. The person failing to
comply with the demand on or before the date
specified in the demand will have to pay $10
for each day the failure continues, unless there
is reasonable cause. The maximum penalty
imposed on all persons for failures with respect
to any one return shall not exceed $5,000. If
more than one person is liable for any failures,
all such persons are jointly and severally liable
with respect to such failures. See section
6652(c).
To avoid having to explain an incomplete
return, if a part or line item does not apply,
enter N/A (not applicable) or -0- if an
amount is zero.
There are penalties for willful failure to file
and for filing fraudulent returns and statements.
(See sections 7203, 7206, and 7207.)
Large organization. A large organization is
one that has gross receipts greater than
$1 million for the tax year.
Public Inspection of Completed
990-BL Returns and Approved
Exemption Applications
Through the IRS. Generally, the information
reported on or with Form 990-BL, including
most attachments, is available for public
inspection (section 6104(b)). This applies both
to information required by the form and to
information furnished voluntarily. Approved
applications for exemption from Federal
income tax are also available for public
inspection.
Exception: Part IV of Form 990-BL,
Statement With Respect to Contributors, etc.,
and Schedule A (Form 990-BL) are not open
to public inspection.
The public inspection rules do not apply to
Form 990-BL and the attached Schedule A
(Form 990-BL) filed by a trustee or disqualified
person to report initial taxes on self-dealing or
taxable expenditures.
A request for inspection through the IRS
must be in writing. It must include the name
and address (city and state) of the organization
that filed the return or application and should
indicate the type (number) of the return and the
year(s) involved. The request should be sent
to the District Director (Attention: Disclosure
Officer) of the district in which the requester
desires to inspect the return or application. If
inspection at the IRS National Office is desired,
the request should be sent to the:
Commissioner of Internal Revenue
Attention: Freedom of Information
Reading Room
1111 Constitution Avenue NW
Washington, DC 20224.
Use Form 4506-A, Request for Public
Inspection or Copy of Exempt Organization Tax
Form, to request a copy or to inspect an
exempt organization return through IRS. There
is a fee for photocopying.
Through the organizationAnnual return.
An organization must, during the 3-year period
beginning with the due date (including
extensions) of the Form 990-BL (or, if later, the
Cat. No. 10316J