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What Happens When You Are Out of Time? File a Form 990 Extension

Your nonprofit tax return deadline is literally staring us in the face and let’s be realistic; if you haven’t filed by now, you don’t have enough time to before the deadline. The 990 due date 2017 is May 15, 2018, and if you have a calendar handy you will notice that’s TOMORROW! That’s where ExpressExtension comes in and saves the day!

We offer the Form 990 extension, Form 8868, which will grant you an additional six months to file with the IRS. If you are like me, you probably were under the assumption that you only file tax extension Form 8868 for nonprofit organizations that typically file IRS Form 990...to my surprise, that isn’t the case!

After doing some research, I discovered that IRS Form 8868 is more than just an extension for Form 990; it can come in handy at the “ninth hour” when filing several IRS tax forms. What happens when you are out of time? File a Form 990 extension!

What Happens When You are Out of Time? File a Form 990 Extension

Tax extension Form 8868 provides those that have to meet May 15, 2018 filing deadline with an extension of time to file several tax forms due by May 15th. The following tax forms can have their tax extension deadline 2018 extended to receive extra time to file with IRS Form 8868:

Form 990/990-EZ
Forms 990 and 990-EZ are used by tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations to provide the IRS with the information required by section 6033. You can easily extend its filing deadline by applying for a 990-EZ extension with IRS Form 8868.

Form 990-BL
Form 990-BL is generally used by black lung benefit trusts to meet the reporting requirements of section 6033.

Form 4720 (Individual)
Form 4720 is intended primarily for use with Form 990-PF and provides for figuring and reporting the initial taxes imposed under sections 4941, 4942, 4943, 4944 and 4945 on private foundations, foundation managers, and disqualified persons.

File Form 4720 by the 15th day of the 5th month after the organization's accounting period ends.

Form 990-PF
Form 990-PF is used to figure the tax based on investment income, and to report charitable distributions and activities.

Form 990-T (sec. 401(a) or 408(a) trust)
This form is recognized as the Exempt Organization Business Income Tax Return and should be filed by the 15th day of the 4th month after the end of an organization’s tax year. Form 990-T is also filed by trusts, who may also request an automatic 6-month extension of time to file their annual tax return by submitting Form 8868 to the IRS. 

Form 990-T (Corporation)
Form 990-T must be filed by the 15th day of the 5th month after a corporation’s tax year end.


Form 1041-A
IRS Form 1041-A is used to report charitable information required by section 6034 and its related regulations.

Form 4720
This is the Return of Certain Excise Taxes Under Chapters 41 and 42 of the Internal Revenue Code and is due the 15th day of the fifth month after the end of the entity’s accounting period.

Form 6069
This form is also used to determine the amount of excise tax imposed under section 4953 for contributions that are more than the maximum allowable deduction.

Form 8870
IRS Form 8870 is used by certain charitable organizations or charitable remainder trusts to report premiums paid on certain life insurance, annuity, and endowment contracts (personal benefits contracts).

How To File Tax Extension Form 8868

E-filing tax extension Form 8868 can be completed quickly in just a few steps. Create your ExpressExtension account and click "Create Exempt Org Tax Extension" from your account Dashboard.

Once you have your information ready, our on-screen instructions will guide you step-by-step to complete IRS Form 8868 online, and we'll do the rest. Make sure your information is correct and accurate because getting your extension for Form 990 accepted the first time around is the goal!

If your IRS Form 8868 gets rejected, we tell you exactly why and how to correct the issue so that you can retransmit for free. With stress-free e-filing at your fingertips, it doesn't get much easier than this! Hurry and file while you still have time to meet tomorrow’s 990 extension due date 2017.

File Tax Extension 2018 Now!

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