Extended IRS Deadline for Exempt Organizations

Three months come, and then they go! And before you realize it, you’re right back where you were earlier this year deciding whether to e-file a return or tax extension form. If you’re completely ready to e-file for your exempt organization, you should do so as soon as possible before the August 15 extended deadline.

Knowing which form you’re required to file is half the battle and will depend on the gross receipts from your organization. Don’t get confused and file the wrong form – the IRS marks incorrect forms as incomplete, which can lead to late filing penalties if you submit all over again after the deadline.

Form 990/990-EZ
If your nonprofit or charity typically earns more than $200,000 per year and has over $500,000 in assets, you’ll need to file IRS Form 990. For organizations earning between $50,000 and $200,000, with total assets less $500,000, you’re required to file IRS Form 990-EZ.

Apply for an Additional Extension
If you’re still not quite ready to e-file your return with the IRS, you can still save your organization the trouble of paying IRS penalties with an additional, non-automatic 3-month tax extension. To e-file IRS Form 8868 Part 2, you must have filed and been approved for Part I by the IRS back in May. You also need to provide a valid reason why you need the extra time.

E-file with ExpressExtension
With ExpressExtension.com, you can e-file for extra filing time within minutes by following these simple steps:

  1. 1. Register or sign in with ExpressExtension.com
  2. 2. Add organization’s basic information (Name, EIN, Address, and Phone Number)
  3. 3. Select the IRS form which you are applying for the extension
  4. 4. Enter your organization’s tax year period
  5. 5. Choose your extension type and provide information for signing authority
  6. 6. Review your return and fix any errors
  7. 7. Pay and transmit to the IRS

If your form gets rejected due to incorrect information, you can always log in, correct any errors, and re-transmit it the IRS at no extra charge.

Convenient E-filing Anywhere
Not everyone can drop everything to get to a desktop computer and file a tax extension. But with our FREE downloadable ExpressTaxExempt – Form 8868 mobile app, you can e-file from anywhere you are with your iOS or Android device – just follow the same easy steps and get back to other matters.

Our e-filing experts in Rock Hill, South Carolina are here to help with your e-filing experience. Talk to us Monday through Friday from 9 a.m. to 6 p.m. EST at 704.839.2321 or email us 24/7 with [email protected].

Add a Comment

Your email address will not be published. Required fields are marked *