Request More Time for Your October 990 Deadline: File Extension Form 8868!

The clock is ticking, but you still have time to file an extension for your nonprofit organization if its 990 deadline is today!

In the whirlwind of managing your nonprofit’s responsibilities, meeting deadlines can often become a daunting task. In this article, we’re going to take a closer look at Form 8868 – a real lifesaver for tax-exempt organizations. In terms of tax forms, this is the kind friend  who gives you extra time, ensuring that your Form 990 filings aren’t just punctual but also free from unnecessary stress and hassle. 

Given that today is the deadline for certain organizations to file their 990 return with the IRS, filing an extension of time is a great option for organizations that are unable to complete and submit this to the IRS today. 

What Tax-Exempt Organizations Have A Deadline Today?

Not sure if your organization is required to file today? Here’s how to determine if this deadline applies to your organization, the following organizations have a deadline today.

  • Organizations that have a tax period starting on June 1st, and ending May 31st.
  • Organizations that requested an extension (Form 8868) in April, and the IRS approved it. 

What if I Haven’t Already Filed an Extension for Form 990?

If you didn’t file an extension back in April, great news, you can file an extension today for additional time to complete your 990 Return and file it with the IRS. You can do this by filing a Form 8868, this is the IRS tax extension form for tax-exempt organizations. 

This is an automatic extension, meaning that you don’t have to provide any reason or justification for requesting it. As long as the instructions are followed and correct information is provided, the IRS will likely approve it. 

The following forms can be extended by completing the Form 8868 extension. 

  • Form 990 or Form 990-EZ
  • Form 990-BL
  • Form 4720 (for individuals)
  • Form 990-PF
  • Form 990-T (for sec. 401(a) or 408(a) trusts)
  • Form 990-T (for trusts other than the above)
  • Form 990-T (for corporations)
  • Form 1041-A
  • Form 4720 (for entities other than individuals)
  • Form 5227
  • Form 6069
  • Form 8870

Please note that the Form 990-N is not included in this list. Since it is the shortest 990 form, it is not eligible for an extension. 

When’s the Deadline for Filing an Extension?

To be eligible for an extension, tax-exempt organizations must ensure that they complete and submit Form 8868 on or before the original deadline for their return. For example, if your Form 990 is due on October 16th, 2023, you must file your extension today. 

Filing Form 8868 with ExpressExtension

ExpressExtension simplifies the process of completing your Form 8868, offering a hassle-free experience. You don’t need to provide any elaborate reasons to the IRS for seeking an extension—just fill out the form!

Here’s what you’ll need to get started with ExpressExtension:

  1. Your organization’s essential details, such as its name, EIN, and address.
  2. Identify the specific extension you need (Form 8868).
  3. Enter your tax-related information, including any outstanding tax payments.

Just click here to get started today!

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