Most of the small tax exempt organizations having annual gross receipts of $50,000 or less file 990-N to satisfy their annual reporting requirement. Organization can also file Form 990-EZ or Form 990 voluntarily.
Note - There is no option to file 990-N by paper. Form 990-N should be filed electronically.
The due date to File 990-N is by the 15th day of the 5th month after the end of the tax year.
For example, if your tax year ends on December 31, the due date to file e-Postcard is May 15. Now if the due date falls on a legal holiday, Saturday or Sunday, then you need to file on the next business day.
If you are following fiscal year, then the deadline for filing your Form 990-N would be on the 15th day of the 5th month after the end of the tax year. For example if your tax year ends on August 31, then the due date to file your e-Postcard will be January 15th.
There are three accounting periods:
It is easy to complete and e-file Form 990-N. All you need is the below-given information-:
You can File 990-N in 3-steps with TaxBandits. The following are the steps you need to follow
You can’t apply an amended e-Postcard. All you can do is make the necessary corrections or update the information when you are filing the next e-Postcard in subsequent years.
Yes, it is possible for the public to search for the organization which has filed Form 990-N and even view the filing details with the Tax Exempt Organization search tool available on the IRS website.
The IRS will send a reminder notice if you don’t file your e-Postcard on time, but you won’t have to pay a penalty for late filing. But, if your organization fails to file the Form 990-N for three consecutive years, then it will automatically lose the tax-exempt status.
The IRS publishes the list of organizations who have automatically lost their tax-exempt status due to the failure to file their annual reports for three consecutive years. These organizations have the option to apply for reinstatement of their tax-exempt status and even make payment for appropriate user fee.
Also, IRS has launched a mobile-friendly and enhanced search tool called TEOS (Tax Exempt Organization Search). This tool provides the best way and access for accessing the publicly available information related to tax exempt organizations. In this tool, user can get the key information related to federal tax filing and status of the tax-exempt organization, which even includes those organizations who have their federal tax-exempt status automatically revoked.
TaxBandits is one of the leading and trusted IRS authorized e-file providers for 990-N. We are one of the top of the e-file provider in the nonprofit & tax exempt organization industry & even provide the complete solution for filing the Form 990-N online. We have one of the easy-to-use interfaces which are not only intuitive but even comprehensive for e-filing the Form 990-N quickly and effortlessly. We use the best and advanced technology and methodologies to make sure that the filing process is secure and safe.
You have the option to view the filing history of the organization. With TaxBandits you can immediately check your 990-N return status as soon as you transmitted it to the IRS.
Even if the IRS rejects your 990-N, our application will find out the errors and make the necessary corrections and then re-transmit the form at no extra cost. Also, TaxBandits provides step-by-step filing assistance as well as free 24/7 email support. For more details please visit epostcard.taxbandits.com.
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Currently, you may file an Form 990 or Form 990-EZ Amended Return with Express990 only if you filed your original return with us.
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Many nonprofit organizations are eligible for an income tax relief from the federal government by receiving tax-exempt status. They can apply for the exemption status by filing a Form 1023 and submitting it to the IRS.Learn More