Form 990-N Deadline: May 15th – What Tax-Exempt Organizations Need to Know

Non-profit or tax-exempt organizations are required to file IRS Form 990-N by the deadline, which is the 15th day of the 5th month after the end of their tax year. Also known as the e-Postcard, Form 990-N is used to report the tax-exempt status of non-profit organizations. he organizations must file their return in order to hold the organization’s federal tax exemption and in compliance with the IRS and state regulations.

Let’s break down everything you need to know about Form 990-N, why it matters, who needs to file it, and how to get it done before the deadline.

Form 990-N e-Postcard

All exempt nonprofit organizations must file their annual return IRS Form 990 e-Postcard through Tax2efile before the due date. On this return, the organization must provide a detailed description of its charitable programs, organizational leadership, accomplishments, and finances. They also need to answer the queries attesting to the status of the organization as a true public charity.

Normally organizations, whose gross receipts are $50,000 or less need to file Form 990 N (e-Postcard). When the organization files a Form 990-N, it is not eligible for an extension of time. Generally, churches need not file Form 990, but many churches opt to file for reporting purposes. Even a few states in the country require the organization to file a copy of Form 990 by filing with the Department of Revenue or Charities Bureau. Therefore, the organizations, which filed their Form 990N with the IRS must retain the electronic copies to file with other government agencies.

However, there is no penalty for late filing of Form 990N, but if the organization fails to file the Form 990N e-Postcard for three years consecutively then the organization will lose the tax-exempt status automatically. Here, the organizations that file Form 990N do not qualify for this extension of time.

Filing Form 990N e-Postcard

Form 990N can be filed through Tax2efile easily and quickly. Filing Form 990 N with Tax2efile, follow the below simple 3 steps to file your e-postcard with us.

• Initially, enter the Employer Identification Number (EIN) to e-file Form 990-N to the IRS.
• Select the filing year from the available tax year to e-file and update the organization details if needed.
• Review the completed form before making the payment. Complete the payment and transmit it to the IRS.

Form 990- N Deadline

Generally, the deadline for the IRS 990 E Postcard has varying filing dates. The Form 990 deadline is determined by the ending date of any organization’s fiscal year and there is no fixed deadline for filing the 990- N Form. All the organizations are expected to file the tax form by the 15^th day of the 5^th month from the last date of any fiscal year.

Generally, the deadline for the IRS 990 E Postcard has varying filing dates. The Form 990 deadline is determined by the ending date of any organization’s fiscal year and there is no fixed deadline for filing the 990- N Form. All the organizations are expected to file the tax form by the 15^th day of the 5^th month from the last date of any fiscal year.

Maybe August 15^th is not a due date for your organization; your due date will be coming in next month. Refer to the following table for the deadline of the 990N Form for different closing tax years.

Extension for 990-N Form

If an organization cannot file and submit the Form 990N return to the IRS before the deadline of the closing tax year, then the organization can apply for an extension of time to file the return. The exempt organizations can obtain an automatic extension of the 6 months by filing Form 8868 before the deadline.

Therefore for all the non-profit organizations, it is time to e-file your Form 990-N. The due date is not too far, so hurry up with your e-filing before the due date and avoid adverse situations. Register here to start your filing or get in touch with our tax experts via 703-229-0326. Feel free to contact us at support@tax2efile.com or live chat (24*7 available).