One of the most tedious tasks when filing Form 990 or a 990-EZ is entering list after list of donor information and their contribution amounts.
Many tax-exempt organizations receive hundreds of donations from individuals and groups each year and reporting them one by one consumes too much time.
IRS-authorized ExpressTaxExempt offers features which streamline your filing experience so you can e-file Form 990
as quickly and smoothly as possible. One of those features is our Bulk Upload option designed for exempt organizations who take in many donations throughout the tax year.
Upload Every Contribution at Once
Mid-size and large organizations have the option to upload their received donations by using the “Bulk Upload” button from the “Contributions, Gifts, Grants, and Similar Amounts Received” section.
By bulk uploading your organization’s contributions, you can continue filling out the rest of your tax return while ExpressTaxExempt loads all the donor information into your account.
Simple Steps to Upload
Uploading your contribution lists is quick and easy with these steps:
- 1. Download pre-made excel template
- 2. Enter your donation entries in the template and save
- 3. Upload your saved excel file from your computer
You can also upload your own contribution spreadsheet if you have one already completed. Make sure your column headings match the required information that our application asks.
Schedule B Filings
ExpressTaxExempt automatically generates your Schedule B and pre-loads your contributions onto it. Remember, the IRS General Rule states to only list singular donations that are at least $5,000. And while you can enter or upload every contribution, our service will only place the entries that are $5,000 or greater as per IRS rule.
Contact our live US-based team of e-file professionals for any questions or need assistance with reporting contributions for your 2016 Form 990. We’re available at 704.839.2321, Monday through Friday from 9 a.m. to 6 p.m. EST or send an email 24/7 to [email protected].