Everything You Wanted to Know About the IRS Form 990 H But Were Afraid to Ask

What factors are driving changes to the IRS Form 990, Schedule H, the form used by tax-exempt hospitals to report community benefit and other tax-exemption information? What are ways tax-exempt hospitals can provide input on form changes? These questions and more were addressed during a one hour webinar sponsored by CHA and VHA Inc. and broadcast on June 2, 2014.

Stephen Clarke, who oversaw the creation, rollout and yearly update of the Schedule H while serving as a tax law specialist at the IRS, was the presenter for this one-hour session. Mr. Clarke, now executive director of exempt organization tax services at Ernst and Young LLP, shared his insights on issues related to the form, including:

  • Revised reporting requirements for restricted grants and other Schedule H changes for tax year 2013.
  • Reporting of some community building activities as community benefit on Schedule H.
    How 501(r) regulations on community health needs assessments, implementation strategies, financial assistance policies and billing/collections might impact the Schedule H in the future.
  • How the IRS reviews tax-exempt hospital Schedule H forms.
  • Possible changes to Schedule H and suggestions on how hospitals can submit feedback on changes to the IRS.
  • Archive also includes question and answer session with participants.

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