2020 was a challenging year for many nonprofits, but as we put it behind us, meeting your tax-exempt filing requirements should be easy. At ExpressTaxExempt we’re so honored to support the nonprofit sector and we’re proud to announce that we’re accepting 990 series forms for the 2020 tax year.
What is Form 990?
Form 990 is an annual form that tax-exempt organizations file to provide the IRS with all the information they need and remain accountable for their financial activity during the course of the year.
This form is an extremely important part of running a nonprofit as it protects your organization’s tax-exempt status and allows you to release your financial records to the public.
990 Series Forms We Support
There are different IRS requirements for your organization, depending on its size, finances, and mission. Click here for more on IRS requirements for charitable organizations. With ExpressTaxExempt, get access to these 990 series forms:
If your nonprofit’s gross receipts are $50,000 or less, you can meet your IRS requirements easily with this short form. IRS Form 99-N is the e-postcard of tax-exempt filing and allows smaller nonprofits to streamline their filing process.
Click here for everything you need to know about e-filing Form 990-N.
Tax-exempt organizations with gross receipts less than $200,000 and total assets less than $500,000 file Form 990-EZ. This form is a little more extensive than Form 990-N, but still much shorter than Form 990.
Click here for Part 1 and Part 2 instructions for Form 990-EZ.
Tax-exempt organizations that have gross receipts of $200,000 or more and total assets of $500,000 or more file Form 990.
Private Foundations file Form 990-PF to calculate taxes based on investment income and report their charitable distributions and activities.
Not sure which 990 series form is right for your organization? Click here and we will find out for you.
Extend Your Deadline With Form 8868
If your organization’s Form 990 deadline is coming up and you need more time to file, you have the once-a-year opportunity to extend your deadline with Form 8868. By filing this form, your organization automatically receives additional time to meet your IRS deadline.
Get the Support You Need
Nonprofits spend so much time caring for their communities and the world. It’s our turn to be there for you. If you have any questions about filing Form 990 for 2020, our support team is here to help. We’re 100% U.S.-based and always happy to talk to you.