Question: Wren Inc a private foundation generated 46 000 of gross receipts

Wren, Inc., a private foundation, generated $46,000 of gross receipts this year.
a. Must Wren file an annual information return? If so, what form should be used?
b. Assume instead that Wren is a § 501(c)(3) organization that is not classified as a private foundation. How would your answer in (a) change?

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  • CreatedSeptember 09, 2015
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