What is Form 990?
Form 990 is an annual information return typically filed by organizations with gross receipts that are more than or equal to $200,000 or total assets more than or equal to $500,000. Other organizations such as non-exempt charitable trusts and section 527 political organizations file this form also to receive recognition of exemption from federal income tax under 501(a). Learn More
Check the Form 990 Instructions to file Form 990 accurately and securely.
When is the due date to file Form 990?
Nonprofits and Tax-Exempt Organizations should file Form 990 by the 15th day of the 5th month following the organization's tax year ends.
Nonprofits and Tax-Exempt Organizations that operate on calendar tax year (which means the tax year ends on December 31) should file no later
May 15.
*In response to the COVID-19 Pandemic, the IRS has extended the Form 990 series tax filing deadline to July 15, 2020, for exempt organizations whose deadline falls between April 01, 2020, and July 14, 2020.
E-file 990 Now to avoid late filing penalties.
What are the Penalties for not filing Form 990 on time?
Failing to file a Form 990 for your organization or filing late without reasonable cause leads to penalties. The penalties would depend upon the value of your gross receipts. Filing late may again invoke legal proceedings against your organization. Learn More
What is Automatic Revocation?
If your organization does not file a Form 990 for three consecutive years, its exempt status is revoked automatically. If the organization does not get the exempt status reinstated as per the required procedure, it will be required to file with the IRS as a taxable organization. Learn More
How can I apply the extension for filing Form 990?
Nonprofit and Tax-Exempt organizations can request an additional six months to file Form 990 by filing Form 8868 before the original filing deadline. Learn More
