Get a 6-Month Automatic Filing Extension with IRS Form 8868
The Exempt Organization Tax Extension Form 8868 is used for Charities, Non-Profits and Tax Exempt Organizations appealing for an automatic 6-Month filing extension time to file their tax exempt return. With Tax2efile, you can simply E-file and submit your 990-N extension Form 8868 within minutes.
If you are a trustee of a trust, you need to file a Form 1041-A or a Form 5227. You can use the Form 8868 to get an extension for those tax returns. If the completed Form 8868 is submitted properly, the IRS grants an automatic 6-Month extension.
- Starting in the 2016 tax year, the IRS has combined 3-Month Automatic and Not-Automatic Extensions into a Single 6-Month Automatic Extension Form 8868.
- The Form 8868 cannot be used to extend the due date of the Form 990-N. An organization is allowed only an extension of 6 Months for a tax return of the tax year.
When to File Form 8868?
A tax filer needs to E-file and submit the Form 8868 to the IRS by its May 15th deadline. All extension forms are due by the due date of the return for which the tax filer is requesting the extension.
How to E-file Form 8868?
- Create an account for FREE and log into the dashboard.
- Enter your Organization's Information such as the Organization's Name, EIN/SSN and Address.
- Select the type of Form 990-N you are applying 8868 extension for.
- Select your organization's tax year period.
- Review your application and fix any errors.
- Pay and submit to the IRS.
Where to File Form 8868?
- E-filing is always the best way to file your IRS Form 8868. It is simple, secure and quick. You can E-file your Form 8868 with us through Tax2efile.
- If you are not filing electronically, send application through paper filing to below address:
- Department of the Treasury
- Internal Revenue Service Center
- Ogden, UT 84201-0045
NOTE: Users can use Electronic filing to request an extension of time to file the forms with the exception of Form 8870, for which application for the extension should be sent in paper format to the appropriate address.
Late Payment Penalty or Interest
A penalty of half of 1% of any tax not paid before the due date is applied for each month or part of a month which is unpaid. The penalty does not exceed 25% of the amount due. If the tax filer shows reasonable cause for not paying on time, then the penalty is not charged.
There is charge of interest on any tax exempt taxes that are not paid by the original due date of the tax return. This is charged even though the IRS granted the organization with an extension, else if there is a reasonable cause for not paying on time.
What’s New in 8868 Form?
If an organization did not file the Form 990-N for three consecutive years and the due date or extended due date of the third year's filing also ended, then the tax exempt status will be revoked to the original filing date. When the IRS approves your extension for filing your return and you receive the confirmation, but have not filed your return for 3 years including the approved extension period then you go to the Automatic Revocation of Exemption at www.irs.gov/charities-nonprofits/automatic-revocation-ofexemption to get the details on revocation and reinstatement for an exempt organization.
NOTE: The IRS allows 6-Month filing extensions for any tax exempt organization during the tax year.
Get ready to prepare and E-file tax exempt extensions in minutes. If you have any incomplete tax dues, you can E-file and pay securely using Tax2efile. Your information is directly submitted to IRS, and is not shared with any other sites.