How IRS Form 8868 Can Change The 990 Deadline

Isn’t it crazy how tax deadlines can pop up out of nowhere? In the midst of college graduations, Mother’s Day shopping, and planning summer vacations for you or your family and friends, filing an IRS Form 990 by the May 15 deadline might not be at the top of your to-do list.

Fortunately, ExpressExtension offers IRS Form 8868 which can get you more time to file when you file by the IRS filing extension deadline. Here’s how IRS Form 8868 can change the 990 deadline for your exempt organization.

How IRS Form 8868 Can Change The 990 Deadline

Nonprofit and tax-exempt organizations are required to file a Return of Organization Exempt From Income Tax Form each year. Commonly referred to as a Form 990, this form is used to prevent organizations from taking advantage of their tax-exempt status along with providing the public with financial information about nonprofit organizations.

Organizations required to file a 990 tax form by Tuesday, May 15, 2018, can receive 6 extra months to file when they file an IRS Exempt Organization Form 8868 by the May 15th Tax-Exempt Deadline.

Filing Tax Extension Form 8868

E-filing IRS Form 8868 is extremely easy. You can file a 990 extension in less than 2 minutes when you e-file with the #1 tax extension e-filing solution, ExpressExtension.

To file Form 8868 you first need to gather your organization’s basic details, which includes the organization’s name, address, EIN, tax year period, and which IRS 990 Form you typically file.

Note: Make sure this information is accurate and matches what the IRS currently has on file for your exempt organization. Call the IRS at 1-877-829-5500 to verify these details, if needed.

Once you have gathered the necessary information to file, create or log in to your ExpressExtension account and click “Create Exempt Org Tax Extension” from your account Dashboard. Next, follow the step-by-step guide to complete tax extension Form 8868 online!