Finance

It's tax time! All PTA units and Councils in 12th District are required to file taxes by November 15th. There are 2 tax returns to file as well as the renewal for your Charitable Trust number. (RRF-1)

Guidelines are as follows:
IRS (Internal Revenue Service)
  • If your PTA has gross receipts of $50,000 or less, you can file a 990N electronically
  • If your PTA has gross receipts of $50,000 or more, you would need to file a Form 990EZ or Form 990
NOTE: The IRS defines gross receipts as “the total amounts the organization received from all sources during its annual accounting period, without subtracting any costs or expenses.” Do not include membership dues or founders day contributions that are passed on to council, district and state in this number.

FTB (Franchise Tax Board)
  • If your PTA has gross receipts of $50,000 or less, you can file a 199N electronically.
  • If your PTA has gross receipts that are normally greater than $50,000, your PTA will need to file a Form 199.
  • Once you have filed the 199N or Form 199, go to the last step below
NOTE: There is typically a fee of $10 to file the Form 199. If your PTA receives contributions of 50 percent or more, check box L on this form. You are not required to pay this fee.

Once you have filed all taxes, this is the last step:
  • Complete the Registration Renewal form (RRF-1)
  • To assist in preparing your RRF-1 download the annotated RRF-1 at capta.org
  • Complete, print and mail RRF-1.
NOTE: Don’t forget to include your fee and a copy of your PTAs Form 990EZ or 990. If you filed a 990N a copy of the confirmation is not required. Also, if you filed for an extension (Form 8868) with the IRS, you are also granted an extension for the RRF-1.

We encourage all units that make over $50,000 per year to hire a reputable, non-profit accountant to do the PTA unit’s taxes. If you have any questions, please feel free to contact the 12th District Treasurer.

Forms

COMPLIANCE DOCUMENTS
FORMS
12th_district_cash_verification_form.pdf

PTA Insurance Information On The Web www.pta.bbt-knight.com. You can find your username and password on the Insurance Loss and Prevention Guide sent to every California State PTA unit, council and district.
Need PTA Tax Help? Visit the new TAX FILING SUPPORT CENTER!.
Contact: Michelle Dearman, Treasurer