Form 990-BL

What is a 990-BL Form?

The fillable 990-BL form is for the information and initial excise tax return for the black lung benefit trusts and certain individuals related to it. You can download the 990-BL form to get the information on the black lung benefit trusts or meet the basic requirements of the business trust with section 6033 of the Internal Revenue Code.

What I need the Form 990-BL for?

• This form is used for getting the information on whether the black lung benefit trusts meet the requirements stated in the 6033 section of the Internal Revenue Code;
• In case the taxes are imposed on the trust, it must file not only this form, but Schedule A of the 990-BL form, and initial excise taxes;
• This blank must be filed by the trustee for the tax exemption under the 501(a) section unless the trust has gross receipts of less than $50,000.

How to fill out a 990-BL form?

The pdf version of the 990-BL form can be downloaded from this page. You can practice to fill the printed copy or file it online for the first time on the IRS website. This form is free of charge. It has 3 pages and must be completed according to the requirements of the IRS. Use these instructions to complete the form:

• Start with mentioning the trusted name, calendar year, address, name of the person that files the report;
• Part 1 is about the expenses and revenue analysis. They are divided into 2 separate blocks for your convenience;
• Part 2 is about the balance sheets: assets and liabilities and net assets;
• Put your signature and date under part 2;
• Part 3 is a questionnaire;
• Part 4 is hidden from public inspection. It is a statement with respect to the contributors.

Organizations that work with 990-BL Form

• You have to send it to the IRS.