IRS Reminds Hospital Organizations of 2011 Filing Requirements and Requests Additional Public Input

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The Internal Revenue Service (IRS) has released a draft version of the 2011 Form 990, Schedule H, Hospitals and its instructions. The IRS revised Schedule H to add Part V, Section B for tax year 2010 to gather information on hospital organizations' compliance with new requirements imposed on tax-exempt hospitals by the Affordable Care Act.

Hospital organizations required to file Form 990 and Schedule H must complete all parts and sections of Schedule H for the 2011 tax year except for lines one through seven of Part V, Section B, which relate to community health needs assessments. These lines will remain optional for tax year 2011 and are required only for tax years beginning after March 23, 2012. Hospital organizations must also attach a copy of their most recent audited financial statements to their tax year 2011 Form 990.

The IRS has made a number of revisions to the Schedule H and instructions for tax year 2011 in response to previous input from the public and the health care community. The IRS welcomes public input on Form 990 and its schedules, including Schedule H.

Such input must be submitted to Form990revisions@irs.gov or by mail to the following address by January 15 to be considered for tax year 2012 form revisions:

Internal Revenue Service
Attn: Stephen Clarke (Notice 2012-4)
SE:T:EO
1111 Constitution Avenue NW
Washington, DC 20224

For More Information

If you have questions about Form 990 and its schedules, please contact: