It’s hard to believe that May is already here! For many nonprofits across the country, this could also mean that the deadline to file their 990 Series form with the IRS has arrived.
If you are responsible for filing a 990 form for a nonprofit organization with a May deadline, that deadline has arrived. There is no need to panic, filing a Form 8868 is an excellent option for requesting more time to file.
Form 8868 is a simple extension form to file and when filed correctly, the extension is automatic! Keep reading to learn more.
What is Extension 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.
Remember, to get your extension you must complete this request and e-file it before midnight tonight.
What Forms can Form 8868 Extend?
Form 8868 can be filed in regard to the following forms:
Form 990 or Form 990-EZ
Form 4720 (individual)
Form 990-T (sec. 401(a) or 408(a) trust)
Form 990-T (trust other than above)
Form 990-T (Corporation)
Form 4720 (other than an individual)
It is important to point out that there is a 990 form to which an 8868 extension can NOT be applied. This is Form 990-N, also known as the 990 e-postcard. There is no IRS extension available for this form.
Get Started with ExpressExtension Now!
E-filing extension Form 8868 is quick and easy with ExpressExtension. You won’t have to worry about the status of your Form 8868 because we provide you with instant updates!
Check out the video below to see the filing process in action!
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 e-file 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. Ready to get started? Create your free ExpressExtension account today!
When you’re ready to file your Form 990 with the IRS, don’t forget to check out our sister product, ExpressTaxExempt! They are the ultimate 990 e-filing solution for nonprofits.