ExpressTaxExempt Blog

E-filing Form 990-EZ with Express990

E-filing Form 990-EZ is a brand new service being provided by Express990.com. It is a major breakthrough in the world of filing tax exempt returns. The e-filing process designed by the team at Express990 has been incredibly streamlined to save you time and headache when entering information. Let's take a look at how everything works...

Form 990-EZ
Before we get into all the e-filing fun, I wanted to go over the basic information about Form 990-EZ. This form is used by tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations to provide the IRS with information required by section 6033.

Form 990-EZ is made up of different schedules to enter specific information. You can find out about 990-EZ schedules in my blogs: Schedules A,B, and C  &  Schedules E,G,L,O.
There is lot of information that needs to be entered when filing a Form 990-EZ, including:
- Gross income
- Expenses incurred within the last year
- Disbursements within the year that are the reason the organization is exempt
- Balance sheet showing assets, liabilities, and net worth
- Total of contributions and gifts received during the year and the names and addresses of all substantial contributors
- Names and addresses of the foundation's managers and highly-compensated employees
- Compensation and other payments made during the year
- Lobbying expenditures and nontaxable amounts
- Direct or indirect transfers and relationships with other organizations of the same type
- Respective amounts of the taxes imposed on the organization or any manager of the organization
- Amounts of reimbursements paid by the organization during the taxable year for any taxes imposed
- Information on any excess benefit transaction
- Information on any disqualified persons
- Information on disaster relief activities

It's really is a lot and e-filing makes it so much easier to enter information and know where you are in the process at all times. And just think of all the paper you are saving; going Green has never been so easy.

How it all works
I could explain the e-filing process, but a video just seems a lot more entertaining.

Extend your deadline
If you need more time to e-file your 990-EZ, there is an extension form that will automatically extend your deadline for 3 months. IRS Form 8868 is the Application for Extension of Time to File an Exempt Organization Return. You can easily e-file this form with Express990, click here for more information on Form 8868.

If you have any question about e-filing your 990-EZ or Form 8868, don't hesitate to contact the Express990 Support Team via phone: 704-839-2321 or email: support@expresstaxexempt.com

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Find answers related to e-filing IRS Form 990, 990-EZ, 990-PF, 990-N (e-Postcard), Form 1120-POL and Extension Form 8868 with our Frequently Asked Questions.

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