Instructions for the SVOG-Specific Version of IRS Form 4506-T (Updated 5/11/21)
Summary
These SBA instructions, updated 5/11/21, say applicants must complete an SVOG-specific version of IRS Form 4506-T, a tax form that authorizes the IRS to provide federal income tax information directly to the SBA, and that it must be completed accurately for an applicant to receive SVOG funding. They say the only form the SBA can accept is the SVOG-specific version, which carries the acronym SVOG in its header, and that applicants from Puerto Rico and other U.S. territories must submit further documentation. The numbered steps tell applicants to enter the name and the EIN or SSN used on their 2019 tax return, with the EIN matching the one on the SVOG application, and to fill in lines 2a and 2b only if they filed a 1040 as married filing jointly in 2019.
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Full text
Instructions for the SVOG-Specific Version of IRS Form 4506-T (Updated 5/11/21) The SBA requires applicants to complete an SVOG-specific version of IRS Form 4506-T as part of the application submission. The 4506-T is a tax form that authorizes the IRS to provide Federal income tax information directly to the SBA. This form must be completed accurately for you to receive SVOG funding. You must use the SVOG-specific version of IRS Form 4506T located at https://www.sba.gov/document/sba-form- shuttered-venue-operators-grant-4506t-form Important Note: Applicants from Puerto Rico and other U.S. territories will need to submit further documentation (in addition to the SVOG-specific version of IRS Form 4506-T) upon application submission. Step 1 Go to SVOG-specific version of IRS Form 4506T to download the SVOG-specific version of IRS Form 4506-T as a fillable PDF. *Special Note There are many versions of the 4506-T available on the IRS website. The only form the SBA can accept is the SVOG-specific version of IRS Form 4506-T. The correct form contains the acronym SVOG in the header. Step 2 – Line 1a Enter your Name on line 1a. This must be the same name that you entered on your 2019 tax return. Step 3 – Line 1b Enter the Corporation EIN# or Individual SSN# that you entered on your 2019 tax return. This EIN must also match the EIN you used for your SVOG application. Step 4 – Lines 2a and 2b Only fill out lines 2a and 2b if in 2019 you filed a 1040 and you were married filing jointly. If you filed any other tax form, or if you filed a 1040 but were not married filing jointly, leave lines 2a and 2b blank. Step 5 – Lines 3 and 4 Enter your current address on line 3. If your name is different now than the name you used on your 2019 tax return, enter your current name as well. Enter your previous address on line 4 only if it is different than the current address on line 3. If your current address is the same as it was when you filed your 2019 tax returns, leave line 4 blank. Step 6 – Line 5a (No Action) Do not alter line 5a. It is prefilled with the correct information. Step 7 – Line 5b Enter your Customer file number in line 5b. Your Customer file number will be displayed on the Required Documents Step. Do NOT include the “DA-“ at the beginning. Use only the numeric part of the number. Step 8 – Line 6 On line 6, enter the tax form you used when filing your 2019 business federal income tax return. For example, you may have filed a form 1040, 1065, 1120, 1120-S, 990, or 990-EZ. Only enter one tax form type. Do NOT include any other numbers or words. For example, do not include “Schedule C” or any other information. If this request is for an individual, enter 1040. If this request is for a business, please enter the business tax return you filed for the year (not quarterly returns). For those using 1120-S, or 990-EZ, you must include the alphabetic identifier following the form number. Step 9 – Line 6c Check only the block at the end of line 6c. Check ONLY 6c. Do NOT check 6a, 6b, 7, or 8. Step 10 – Line 9 (No Action) Do not alter line 9. It is prefilled with the correct information. Step 11 – Box Above Signature Line Check the box directly above the signatory line. This box must be checked to indicate the individual signing the form has the authority to do so. You MUST check the box above the signatory line. Step 12 – Signature Provide a wet signature on the Signature line by printing the form and signing in ink. This must be the signature of an authorized agent of the business and must be the same person whose government ID is provided in the application. Step 13 – Title Include the title of the person who signed on the Signature line. The box below the signature must contain the correct title for the person authorized to sign this document. Acceptable titles: *Exception-A Limited Liability Entity who filed their business under a personal tax return Schedule C, should request the 1040 tax form Schedule C and no title is required on the signature line. Step 14 – Upload When you upload the 4506-T to the SVOG portal, you must upload the document in pdf version. Upload only ONE 4506-T.
File and source
- File
- 2021-05_4506-T-SVOG-Specific-Instructions-Final-5.11.21.pdf
- Size
- 683,870 bytes
- SHA-256
- 20c12bf771f32e75af8a281caf17b2529c2782ef81a20d6f5ae2180ecebd2ec2
- Original
- www.sba.gov