Extend your Form 990 Deadline with Extension Form 8868!
This year continues to be stressful, but we are all in it together! We know that nonprofits in particular have faced their own challenges throughout 2020, so if you need more time to complete your Form 990, that’s alright!
Here is what tax exempt organizations need to know about the Form 8868!
What is Form 8868?
The Form 8868 is the Application for Automatic Extension of Time To File an Exempt Organization Return. This form is filed by tax exempt organizations that are seeking additional time to complete their information returns and file them with the IRS.
The 8868 Extension is an automatic one. Therefore, if you complete this form accurately and on-time, and pay any balance due to the IRS, your form will be accepted and the IRS will grant you an extended period to file.
How long is this extension?
This is an automatic extension of six months for tax exempt organizations to complete and file their information returns with the IRS.
What forms does the 8868 extension apply to?
The Form 8868 can be filed in regard to the following forms:
- Form 990 or Form 990-EZ
- Form 990-BL
- Form 4720 (individual)
- Form 990-PF
- Form 990-T (sec. 401(a) or 408(a) trust)
- Form 990-T (trust other than above)
- Form 990-T (Corporation)
- Form 1041-A
- Form 4720 (other than an individual)
- Form 5227
- Form 6069
- Form 8870
Please be aware that the Form 990-N, also referred to as the 990 e-postcard, is NOT eligible for an extension.
When is the deadline to file an extension?
To be eligible for an extension, tax exempt organizations must complete and file their Form 8868 on or before the deadline of your return.
For example, if your Form 990 is due on November 16, 2020, you must file your extension on or before this date.
How do I file a Form 8868 with ExpressExtension?
Completing your 8868 with ExpressExtension is quick and easy. You won’t have to worry about the status of your Form 8868 because we provide you with instant updates!
First of all, you don’t have to provide any reason to the IRS for filing this extension, just fill it out! Here is all the information you will need to complete your Form 8868 in minutes with ExpressExtension.
- Your organization’s basic details like the name, EIN, and address.
- Know which extension you want to complete (Form 8868)
- Enter your tax details, for example, if you have any tax payments.
With our step-by-step instructions, you can complete this form easily and accurately. Plus, if your form is rejected for any reason, you can edit and re-transmit the form at no additional cost to you.
Ready to get started? Create your free ExpressExtension account today!