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ExpressTaxExempt Blog

Monday, May 19, 2014

What Happens If I Miss The 990-N Filing Deadline?

If your tax-exempt organization has annual gross receipts of $50,000 or less, then you are required by the IRS to electronically submit Form 990-N (e-Postcard). There are a few exceptions to this requirement for who
must file:

  • Organizations that are included in a group return
  • Churches, their integrated auxiliaries, and conventions or associations of churches, and
  • Organizations required to file a different return

What happens if I miss the filing deadline?
If you miss the deadline to e-file your e-Postcard, the IRS will send you a reminder notice. Good news is, if you missed your deadline, there is no penalty assessment for late filing the e-Postcard. Bad news is, if you miss filing for three consecutive years, your tax-exempt organization will automatically lose its tax-exempt status. To regain tax-exempt status you will have to go through re-filing Form 1023 and filing Form 990 for the years missed, which does not sound like a fun activity.

When are the filing deadlines?
The filing deadline for calendar year filers has just past on May 15th. The next deadline is June 16th for tax-exempt organizations with a tax period beginning 2/1/2013 and ending 1/31/14. Here is a complete filing schedule for the upcoming filing deadlines from the IRS:

Tax Period                               Filing Deadline
  2/1/13 - 1/31/14                                   6/16/14
  3/1/13 - 2/28/14                                   7/15/14          
  4/1/13 - 3/31/14                                   8/15/14
  5/1/13 - 4/30/14                                   9/15/14
  6/1/13 - 5/31/14                                 10/15/14
  7/1/13 - 6/30/14                                 11/17/14
  8/1/13 - 7/31/14                                 12/15/14
  9/1/13 - 8/31/14                                   1/15/15
10/1/13 - 9/30/14                                   2/17/15
11/1/13 - 10/31/14                                 3/16/15
12/1/13 - 11/30/14                                 4/15/15

This filing schedule is for Tax Year 2013 and includes filing for Forms 990, 990-EZ, 990-BL, 990-N, 990-PF, 990-T Trusts (other than sec. 401(a) or 408(a) trusts), 4720 & 990-T (corp.), and 6069.

What if I missed filing for a previous tax year?
If you missed filing for a previous tax year, don't worry you can still transmit your Form 990-N to the IRS. Express990.com provides e-filing of the e-Postcard for previous tax years 2012 & 2011. If you have any questions about filing filing for a previous year, or what to do if you missed the deadline, contact the Express990 Support Team via phone: 704.839.2321 or email: support@expresstaxexempt.com

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