Tax Exempt Organizations Need To Know About The November 15 Deadline

Nonprofit coordinator learning what tax exempt organizations need to know about the November 15 deadline
Whether your organization completed its fiscal year on June 30 or filed a 6-month tax extension for your IRS Form 990 series filing requirements by the May 15 calendar year deadline, ExpressExtension has you covered with everything you need to file non profit tax returns by November 15. 
Take a coffee break and get ready to jot down some notes because tax exempt organizations need to know about the November 15 deadline.

Tax Exempt Organizations Need To Know About The November 15 Deadline

Form 990 Series

Tax exempt organizations are required to file one of the following tax returns annually: 
Form 990 is filed by organizations with gross receipts more than or equal to $200,000 or total assets equal to or greater than $500,000.
Form 990-EZ is the Short Form Return of Organization Exempt From Income Tax and is filed by organizations with gross receipts less than $200,000 and $500,000 in total assets.
Form 990-N is for organizations with gross receipts that are less than or equal to $50,000. This form can only be filed electronically.
Form 990-PF is filed by Exempt & Taxable Private Foundations as well as Non-Exempt Charitable Trusts which the IRS treat as private foundations.
Click here to find out what information you’ll need to have in order to file these forms.

Does My Organization Need to File?

All organizations are not required to file on November 15. In order for the November 15 deadline to apply to your organization, you must have filed Extension Form 8868 back in May.

This can only be applicable if your organization operates on a calendar tax year (January – December).

The standard Form 990 deadline is the 15th day of the 5th month after your tax year ends. That means for organizations with a calendar tax year that ends in December the 990 deadline is on May 15th.

However, if you have a fiscal tax year, meaning your tax year consists of 12 consecutive months and ends any month besides December, your deadline is in a different month. 
There are two types of organizations that must file by November 15:
  1. Organizations with a tax year that ended on June 30.
  2. Organizations whose original filing deadline was May 15 but filed an automatic extension (Form 8868). 
If your organization ended its accounting period (tax year) on June 30, you have the option to file your return today or apply for an extension of time to file with Form 8868. 
Note: If your organization was required to file on May 15 and was granted a 6-month extension to file, you must file by November 15 since there is not another extension that can be filed. 

The Easiest Way to File

If you just realized that you must file an IRS Form 990 by the upcoming deadline, our sister product TaxBandits is the best option to use.

TaxBandits eliminates the worry about missing your Form 990 filing deadline!

With its simple, interview style e-filing process, you can complete your form and instantly transmit it directly to the IRS.

They offer easy e-filing for Form 990 Series returns (Form 990, Form 990-N (e-Postcard), Form 990-EZ, and Form 990-PF) so you can quickly file the correct 990 Form for your organization. 

Let Us Help You E-File

Nonprofit group serving their community on the November 15 deadline for non profit tax returns

Although time is winding up, you still have enough time to file your Form 990 online with TaxBandits. If you have any questions, feel free to contact our support team of e-file experts at 704.684.4751 for any questions or help with your e-filing experience.

We’re available Monday through Friday from 9 a.m. to 6 p.m. EST, and even offer extended customer support hours for the November 15 deadline. You can also reach us 24/7 via email with [email protected].

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