Final Exempt Organization Deadline of the Year

It’s on its way! If your exempt organization operates on a calendar tax year, and you filed Part II of Extension Form 8868 back in August, then Monday, November 16, is the last day you can file your tax-exempt return on time.

“Which tax-exempt return needs to be filed?”
This final deadline is for organizations who are required to file Form 990 or Form 990-EZ.

Reminder: Form 990 needs to be filed by exempt organizations with gross receipts greater than $200,000 and total assets greater than $500,000.
Form 990-EZ is to be filed by exempt organizations with gross receipts over $50,000, but less than $200,000, and total assets less than $500,000.

You also need to have been approved for Part II of the Extension Form 8868. If you have not been granted a second extension, or never e-filed for one, then your last due date was months ago and this November deadline does not apply.

“I was told my deadline was November 15.”
That is correct. Under normal circumstances, the final deadline would be the fifteenth of November. However, November 15 is on a Sunday this year. According to the IRS, if any tax day falls on the weekend, or a national holiday, it is pushed back to the next business day.

“How do I know if my organization operates on a calendar tax year?”
Your tax year period will tell you which tax year your organization works with.

• Calendar Tax Year - Only if your “tax begin date” is Jan 1. and your “tax end date” is Dec 31. can your organization be considered as operating a calendar tax year.

• Fiscal Tax Year - If your beginning and ending dates are not Jan 1. and Dec 31., then the November deadline doesn’t apply to you. You could possibly have a final deadline of December 15 if your begin date is Feb 1. and end date Jan 31.

Note: No matter if you use a calendar or fiscal tax year, your original due date will always be the 15th day of the 5th month after your tax end date. At that point, you can either file your tax return, or you can file an extension.

“What if I file the e-Postcard?”
If you normally file Form 990-N (e-Postcard), then this deadline doesn’t apply to you unless you have November 15 as your original due date to file. You can find out by using the IRS Exempt Organization Select Check. Search using your Employer Identification Number (EIN) and it’ll show when you last filed an e-Postcard along with your tax dates, and basic organization details.

Important: A tax extension cannot be filed for Form 990-N (e-Postcard). Exempt organizations are encouraged to e-file by their original due date.

Don’t wait any longer!!! ExpressTaxExempt has everything you need to stay compliant with the IRS regarding exempt organizations. We offer support for 990 forms, extensions, and coming soon our service will include applications for tax-exempt status.

Need some assistance? Have no worries because our live support team in Rock Hill, South Carolina is ready to get you through the in’s and out’s of the e-filing process. Contact us at (704) 839-2321, Monday through Friday from 9 a.m. to 6 p.m., EST. Help is only a few keystrokes away with our 24/7 email at support@expresstaxexempt.com, or through live chat at www.expresstaxexempt.com.

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How To | E-File & Make The Exempt Organization Tax Deadline

Today is the Exempt Organization Income Tax Deadline! If you have been procrastinating e-filing your Form 990, 990-EZ, or 990-N, I have the best tips and tricks to transmit your return on time with Express990.com. I even have the scoop on how to extend your deadline for those longer forms so you can have an additional 3 months to file. Let the sharing of knowledge begin...

How To E-file Your Exempt Organization Return
Before you get to e-filing with Express990, it really helps to know exactly which form from the 990 series to file. Express990.com support e-filing of Form 990, 990-EZ, and 990-N.

Form 990 (long form)
This bad boy is the largest 990 form in the series. It is for organizations with gross receipts greater than or equal to $200,000 or total assets greater than or equal to $500,000 at the end of the tax year. This one takes some time to complete so if you haven't e-filed it yet, go ahead and e-file tax extension Form 8868 and automatically receive 3 additional months to e-file. More information on Form 8868 is below.

Form 990-EZ
This form is a smidgen shorter than Form 990. It is for organizations with gross receipts less than $200,000 or total assets of less than $500,000. Like Form 990, the 990-EZ also takes some time to complete because of all the information that has to be entered. If you can't make the deadline, be sure to e-file Form 8868 to extend your deadline 3 months.

Form 990-N
This form is very short and only takes a few minutes to e-file. It is for smaller organizations with $50,000 or less in gross receipts for the year. The deadline can not be extended for this form because it honestly only takes a second to complete if you have all the information ready beforehand. Express990 made e-filing this form even easier with its Express990 App that allows you to e-file from any location. It is free to download and available for Apple and Android devices. Oh, and did I mention that e-filing Form 990-N for the current tax year is FREE! Just can't beat that price.

How To Extend Your Deadline with Form 8868

Form 8868 is an IRS Tax Extension to extend the deadline for Exempt Organization Income Tax Returns. It is divided into two separate parts. Part I will automatically extend your deadline for 3 months when e-filed. If you need more time than the initial deadline provides, then you can also e-file Part II for an additional 3 months.

If you have any questions about e-filing Form 990, 990-EZ, 990-N or Form 8868, contact the Express990 support team via phone: 704-839-2321 or email: support@expresstaxexempt.com.

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