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Form 6069

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
Form 6069

Return of Certain Excise Taxes on Mine Operators, Black Lung Trusts, and Other Persons Under Sections 4951, 4952, and 4953

Rev. December 2021

Form 6069 is an IRS document used to report and pay taxes on certain transactions between a private foundation or charitable trust and a disqualified person, as well as taxable expenditures made by the trust. This form also includes computations for coal mine operators making excess contributions under section 192.

Instructions

  • Form 6069 Instructions - Instructions for Form 6069, Return of Certain Excise Taxes on Mine Operators, Black Lung Trusts, and Other Persons Under Sections 4951, 4952, and 4953
FAQ
  • What is Form 6069 used for?

    Form 6069 is used by certain coal mine operators, self-dealers, and trustees of section 501(c)(21) black lung benefit trusts to report contributions made to these trusts that exceed the limit set under IRS Code Section 4953.

  • What information is required to be reported on Form 6069?

    Form 6069 requires reporting of various information including the name and taxpayer identification number (TIN) of the trust, the trustee or self-dealer, the name and TIN of the coal mine operator, and the amount of contributions made to the trust during the taxable year.

  • What is the due date for filing Form 6069?

    Form 6069 is generally due on March 15 of the year following the taxable year. However, if a filing extension is obtained, the due date may be extended to September 15.

  • Who is required to file Form 6069?

    Coal mine operators, self-dealers, and trustees of section 501(c)(21) black lung benefit trusts are required to file Form 6069 if they have made contributions to these trusts that exceed the limit set under IRS Code Section 4953.

  • Who can sign Form 6069?

    Form 6069 must be signed by the trustee or self-dealer on behalf of the black lung benefit trust. If the taxpayer also has personal tax liability due to excess contributions, they must also sign and report that information.

  • What is the penalty for excess contributions to a black lung benefit trust?

    Excess contributions to a black lung benefit trust are subject to an excise tax under IRS Code Section 4953. The penalty rate is currently $2,500 per contribution in excess of the limit, with an additional 10% added for late payments.

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ABOUT

Tax forms

Form 6069 is one of Tax forms that are documents used to report information about an individual's or business's income, deductions, and tax liability to the relevant tax authority. These forms are necessary to comply with tax laws and fulfill tax obligations. Tax forms vary depending on the country and the specific tax requirements in place. Here are some common types of tax forms:

Individual Tax Forms: These forms are used by individual taxpayers to report their personal income and claim deductions, credits, and exemptions. Examples include the 1040 form in the United States or the Self-Assessment Tax Return form in the United Kingdom.

Business Tax Forms: Business tax forms are used by companies, partnerships, or self-employed individuals to report their business income, expenses, and other tax-related information. Examples include the Schedule C form (Profit or Loss from Business) in the United States or the CT600 form (Company Tax Return) in the United Kingdom.

Payroll Tax Forms: These forms are used by employers to report the wages, salaries, and taxes withheld from their employees' paychecks. Examples include the W-2 form in the United States or the P60 form in the United Kingdom.

Sales Tax Forms: Sales tax forms are used by businesses to report and remit sales tax collected on taxable goods or services. The specific sales tax forms vary by jurisdiction.

Value Added Tax (VAT) Forms: VAT forms are used in countries that impose a value-added tax to report and remit VAT collected on sales and claim VAT credits for purchases. Examples include the VAT return forms used in many countries.

Estimated Tax Forms: Estimated tax forms are used to report and pay estimated taxes on income that is not subject to withholding, such as self-employment income or investment income.

These are just a few examples of the numerous tax forms that may exist. The specific forms required depend on the tax laws and regulations in your country or jurisdiction. It is important to consult the tax authority's guidelines or seek professional advice to determine which forms are applicable to your situation.

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