[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303589-105":53,"doc-detail-303589-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","instructions-for-form-1120-h-us-income-tax-return-for-homeowners-associations","Instructions for Form 1120-H - U.S. Income Tax Return for Homeowners Associations","","Instructions for Form 1120-H explain how a homeowners association should file its U.S. income tax return to take advantage of tax benefits under section 528. The document covers elections to file, timing requirements, and what happens after filing (including limits on revocation absent IRS consent). It also highlights “What’s New” items such as increased failure-to-file penalties for certain late returns and guidance on electronic payments, including direct deposit fields. Additional sections address missing children photographs, the Taxpayer Advocate Service, and how to obtain forms and publications.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/instructions-for-form-1120-h-us-income-tax-return-for-homeowners-associations/303589/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/instructions-for-form-1120-h-us-income-tax-return-for-homeowners-associations/303589.png","ImageObject",442,249,{"name":88,"@type":89},"Aladdin","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-03","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What is Form 1120-H used for by a homeowners association?","Question",{"text":109,"@type":110},"A homeowners association files Form 1120-H as its income tax return to take advantage of certain tax benefits, which allow it to exclude exempt function income from gross income.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How does a homeowners association elect to file Form 1120-H?",{"text":114,"@type":110},"The association elects by filing a properly completed Form 1120-H. The election is made separately for each tax year and must generally be made by the due date, including extensions, of the income tax return.",{"name":116,"@type":107,"acceptedAnswer":117},"What payment methods does the IRS guidance recommend and what direct deposit fields were added?",{"text":118,"@type":110},"If the association has access to U.S. banking services or electronic payment systems, it should use direct deposit for refunds and pay electronically when possible. Direct deposit fields were added on lines 26c, 26d, and 26e, with overpayment instructions tied to line 25 and refund selection on line 26b.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},303589,1790458800,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":76},2336478503145,"https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c","2025 Instructions for Form 1120-H  \nU.S. Income Tax Return for Homeowners Associations  \nSection references are to the Internal Revenue Code unless otherwise noted.  \nFuture Developments  \nFor the latest information about developments related to Form 1120-H and its separate instructions, such as legislation enacted after they were published, go to [IRS.gov/Form1120H](IRS.gov/Form1120H).  \nWhat’s New  \nIncrease in penalty for failure to file. For tax returns required to be filed in 2026, the minimum penalty for failure to file a return that is over 60 days late has been increased to the smaller of the tax due or $525. See Late filing of return, later.  \nElectronic payments. If the association has access to U.S. banking services or electronic payment systems, it should use direct deposit for any refunds and pay electronically for any payments, whenever possible.  \nDirect deposit. Direct deposit fields have been added onto the form on lines 26c, 26d, and 26e. If there is an overpayment on line 25, enter the amount the association wants refunded on line 26b and complete the direct deposit information on lines 26c, 26d, and 26e. Instead of a direct deposit of the association's refund, it can still choose to have all or part of the overpayment credited to next year's estimated tax by completing line 26a. See Line 25. Overpayment, later, for more information.  \nMaking a payment. If there is a balance due on  \nline 24, [go to](go to IRS.gov/Payments for)[ ](go to IRS.gov/Payments for)[IRS.gov/Payments](go to IRS.gov/Payments for)[ for](go to IRS.gov/Payments for) information on how to make a payment. See Tax Payments and the instructions for Line 24. Amount owed, later, for more details.  \nPhotographs of Missing Children  \nThe IRS is a proud partner with the National Center for Missing & Exploited Children® (NCMEC) . Photographs of missing children selected by the Center may appear in instructions on pages that would otherwise be blank. You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child.  \nThe Taxpayer Advocate Service  \nThe Taxpayer Advocate Service (TAS) is an independent organization within the IRS that helps taxpayers and protects taxpayer rights. TAS strives to ensure that every taxpayer is treated fairly and that you know and understand your rights under the Taxpayer Bill of Rights.  \nAs a taxpayer, the association has rights that the IRS must abide by in its dealings with the association. TAS can help the association if:  \n• A problem is causing financial difficulty for the association;  \n• The association is facing immediate threat of adverse action; or  \n• The association has tried repeatedly to contact the IRS but no one has responded, or the IRS hasn’t responded by the date promised.  \nTAS has offices in every state, the District of Columbia, and Puerto Rico. Local advocates’ numbers are in their local [directories and at](directories and at TaxpayerAdvocate.IRS.gov/)[ ](directories and at TaxpayerAdvocate.IRS.gov/)[TaxpayerAdvocate.IRS.gov/](directories and at TaxpayerAdvocate.IRS.gov/)[ ](directories and at TaxpayerAdvocate.IRS.gov/)[Contact-Us](Contact-Us. The association can also call TAS at)[. The association can also call TAS at](Contact-Us. The association can also call TAS at)[ ](Contact-Us. The association can also call TAS at)877-777-4778.  \nTAS also works to resolve large-scale or systemic problems that affect many taxpayers. If the association knows of one of these broad issues, report it to TAS through the Systemic Advocacy Management System at [IRS.gov/SAMS](IRS.gov/SAMS).  \nFor more information, [go to](go to TaxpayerAdvocate.IRS.gov)[ ](go to TaxpayerAdvocate.IRS.gov)[TaxpayerAdvocate.IRS.gov](go to TaxpayerAdvocate.IRS.gov).  \nHow To Get Forms and Publications  \nInternet. You can access the IRS website 24 hours a day, 7 days a week, at [IRS.gov](IRS.gov) to:  \n• Download forms, instructions, and publications;  \n• Order IR","cbCaijvZKBX57A3M","https://ap.wps.com/l/cbCaijvZKBX57A3M","pdf",197459,9,"English","# Future Developments\n# What’s New\n## Increase in penalty for failure to file\n## Electronic payments and direct deposit\n## Making a payment\n# Photographs of Missing Children\n# The Taxpayer Advocate Service\n## When TAS can help\n## How to contact TAS\n## Systemic advocacy\n# How To Get Forms and Publications\n# General Instructions\n## Purpose of Form\n## Electing To File Form 1120-H","[{\"question\":\"What is Form 1120-H used for by a homeowners association?\",\"answer\":\"A homeowners association files Form 1120-H as its income tax return to take advantage of certain tax benefits, which allow it to exclude exempt function income from gross income.\"},{\"question\":\"How does a homeowners association elect to file Form 1120-H?\",\"answer\":\"The association elects by filing a properly completed Form 1120-H. The election is made separately for each tax year and must generally be made by the due date, including extensions, of the income tax return.\"},{\"question\":\"What payment methods does the IRS guidance recommend and what direct deposit fields were added?\",\"answer\":\"If the association has access to U.S. banking services or electronic payment systems, it should use direct deposit for refunds and pay electronically when possible. Direct deposit fields were added on lines 26c, 26d, and 26e, with overpayment instructions tied to line 25 and refund selection on line 26b.\"}]","Instructions for Form 1120-H - U.S. Income Tax Return for Homeowners Associations | PDF",1789805498]