Simplified 990-T E-Filing for Reporting Unrelated Business Income

Form 990-T is used to report Unrelated Business Income and Tax liability of the exempt organizations (and proxy tax under section 6033(e))

Form 990-T is also used for the following purposes:

• To claim a refund on an income tax paid by a regulated investment company (RIC) or a real estate investment trust (REIT) on an undistributed long-term capital gain.
• To request credit for premiums paid on small employer health insurance or certain federal excise taxes paid.
• To report proxy Tax liability.
• To report unrelated business income tax on reinsurance entities.

Learn more about Form 990-T e-filing.

The due date for filing 990-T will differ based on the organization’s type.

• Employees’ trusts defined in section 401(a), IRAs (including SEPs and SIMPLE IRAs), Roth IRAs, Coverdell ESAs, and Archer MSAs (section 408(a)) must file Form 990-T by the 15th day of the 4th month after the end of their accounting period.

  For entities operating on a calendar year ending December 31, 2026, the filing deadline is April 15, 2026.

• All other organizations must file Form 990-T by the 15th day of the 5th month after the end of their tax year.

  For organizations on a calendar tax year ending December 31, 2026, the filing deadline is May 15, 2026.

Note: If your due date falls on a holiday, the next business day will be considered the deadline.

There are a few ways to make your payment to the IRS for Form 990-T:

• Electronic Funds Transfer (EFTPS)
• Credit / Debit Card

Note: You can now pay your balance due with TaxBandits EFTPS Payment Solution. Ensure you schedule the payment before the due date to avoid penalties.

• The IRS penalizes exempt organizations for missing their Form 990-T deadline unless they provide a reasonable explanation for the filing delay.
• The penalty may range from 5% of the unpaid tax per month, up to a maximum of 25%. For returns filed more than 60 days late, the minimum penalty is the lesser of the tax due or $510. In addition, a failure-to-pay penalty of 0.5% of the unpaid tax per month also applies.
• The penalty amount may vary based on the organization’s gross receipts. Click here to learn about the Late filing penalties of Form 990-T.

• If an organization failed to file Form 990-T for three consecutive years, the IRS would automatically revoke its tax-exempt status.
• If an organization’s tax-exempt status is revoked, it is considered a taxable organization by the IRS. The organization must apply or file for tax-exempt status under section 501(c)(3) with a reasonable explanation for its failure to file Form 990-T.

If you need additional time to file Form 990-T, you can file Form 8868 on or before the deadline and get a 6-month automatic extension to file your Form 990-T online.