How To Use Extension Form 8868 For Your Advantage
Meeting deadlines, especially during the busy summer months, can be quite the challenge. If you need additional time to file your organization’s Form 990 online by the August 15th Form 990 deadline, you will want to file a tax extension to avoid IRS penalties. The IRS provides extension Form 8868 for tax-exempt organizations to help you keep your exempt status; here is how to use Extension Form 8868 for your advantage.
How To Use Extension Form 8868 For Your Advantage
Form 8868 is an extension form used by charities, nonprofit groups, and other tax-exempt organizations to receive an additional 6 months to file their 990 return. In order to be granted this extension, your tax-exempt organization must file a Form 8868 by the original filing deadline. How do you know what your nonprofit’s original filing deadline was?
Exempt organizations that begin their fiscal tax year on April 1st must file by the August Form 990 deadline on August 15th.
If you’ve yet to start your 990 filing, I highly suggest that you switch gears and take a couple of minutes to quickly file IRS Extension Form 8868. Here is how you can file Extension Form 8868 using ExpressExtension.
Filing IRS Form 8868 Today To Keep Your Tax-Exempt Status
Your tax-exempt organization can e-file IRS Form 8868 in less than two minutes using ExpressExtension. To e-file Form 8868 you will need to gather basic details for your organization including the organization’s name, address, EIN, tax year period, and which IRS 990 Form you typically file.
Once you have this information on hand, e-filing IRS Form 8868 is a breeze!
4 Steps To File Extension Form 8868
- Create or log in to your ExpressExtension account
- Click “Create Exempt Org Tax Extension” from your account Dashboard.
- Follow the step-by-step guide to complete tax extension Form 8868 online.
- Transmit directly to the IRS
👀 See? I told you it was simple! The deadline will be here before you know it, so register for your free account and file Extension Form 8868 to ensure that you keep your tax-exempt status before it’s too late!