Current year forms, instructions, and publications. Prior year forms, instructions, and publications. Popular forms that may be filled in electronically, printed out for submission, and saved for recordkeeping. Internal Revenue Bulletins. You can also get most forms and publications at your local IRS office.
Gross income is gross receipts minus the cost of goods sold.
Note - Disregarded entity. Therefore, financial information applicable to a disregarded entity must be reported as the parent organization's financial information. See the line 37 instructions on page 13 for a discussion of the proxy tax. Only under Which Parts To Complete, on page 4. Colleges and universities of states and other governmental units, as well as subsidiary corporations wholly owned by such colleges and universities, are also subject to the Form 990-T filing requirements.