You are an administrator at a local not-for-profit (501(c)(3)) hospital. The accounting team is preparing an IRS Form 990 for the current tax year but would like to confirm with the administrative team some of the key items on the form, and particularly "Schedule H." Your supervisor has asked you to provide them with information and/or confirmation. What are a few key pieces of information you can envision providing to confirm that the hospital does qualify for a tax-exemption based on its community benefit. [HINT: The relevant information is in the textbook, but you might also find it helpful to consult IRS Form 990, Schedule H. Keep in mind, you are simply trying to communicate/confirm a few key pieces of information.]

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Information Confirming Community Benefit for Hospital Tax Exemption Form 990 Schedule H Here are some key pieces of information you can provide to con... View the full answer