What is a 990-N e-Postcard used for?

Form 990-N or also referred to as an e-postcard is utilized to file annual income tax returns to the IRS by tax-exempt organizations. Form 990-N is used to file a gross receipt (less than $50K) that reports the total amounts the organization received from all sources during its annual accounting period, without subtracting any costs or expenses. Form 990-N should be submitted electronically to the IRS since the IRS currently does not have a paper 990-N form.

Who Needs to File Form 990-N e-Postcard?

Small tax-exempt organizations generally are eligible to file Form 990-N to satisfy their annual reporting requirement, if their annual gross receipts are normally $50,000 or less. However, some organizations aren’t eligible to use Form 990-N (e-Postcard) even if their gross receipts are normally $50,000 or less. These organizations must file different forms instead to satisfy their annual reporting requirement. For example, a subordinate organization in a group exemption that is included in a group return filed by its central organization does not file Form 990-N because the group return satisfies its annual reporting requirement.

What do you need to e-file Form 990-N e-Postcard with Tax2efile?

Organization information (name, EIN /TIN, website)
Tax year (calendar of Fiscal filer)
Name and address of principal officer
Confirmation that the organization’s annual gross receipts are $50,000 or less
A statement that the organization is going out of business

How to e-file Form 990-N e-Postacard with Tax2efile

Create your free account and enter your 990-N e-Postcard information
Select Filing Year
Review and submit to IRS
You will receive an email confirmation from Tax2efile with a status update from the IRS

What is the Deadline for 990-N e-Postcard?

IRS 990-N form is due by the 15th day of 5th month after the close of the Organization’s tax year. For example, if your tax year ended on December 31, your deadline would be May 15 of the following year. Should it so happen that the date falls on a government recognized holiday or on a Sunday, the form is due the following business day. Organizations won’t be able to file the e-Postcard until after their fiscal year ends, and failure to file on time may result in a late filing penalty.

Forgot to file Form

No worries the IRS will send you a letter to the address on file to notify the organization to submit the required form. Just simply file for the 990-N form as soon as possible, the IRS will not penalize organizations for a late submission. While there is no late penalty for late filing Form 990-N, organizations that fail to file required Forms 990, 990-EZ, or 990-N for three consecutive years will automatically lose their tax-exempt status. A revocation of the organization’s tax-exempt status will occur on the filing due date of the third consecutively missed year. All tax-exempt organizations must provide proof of their income every year.

Still Have Questions?

What is Form 990-N?

Form 990-N is an electronic Notice that nonprofit organizations that make $55,000 or less use to report their annual income tax.

How can I change my fiscal year as a nonprofit?

If the organization has already changed its accounting period within the last 10 calendar years, it must use Form 1128PDF, Application to Adopt, Change, or Retain a Tax Year, to change its accounting period

How can I change from a calendar year to a fiscal year?

In order to change this, you must file an amended return with a request to change your fiscal year.

Will I receive a confirmation that I filed the e-Postcard?

Yes, Tax2efile sends an email right after filing a form with all of the submission details and will keep you updated if there are any updates on the form.

Can I make an amendment or a correction to Form 990-N?

Unfortunately, there are no corrections or amendments to Form 990-N. If the form has invalid information the form will get rejected. However, Tax2efile will provide you with a credit to the account that allows you to resubmit with no extra charge.

What happens if I file late?

The IRS does not apply any penalties to late filing but will revoke the exempt status if there is no tax reported for three consecutive years.

Can I file for prior years with Tax2efile?

Tax2efile allows filers to file three years prior of the current tax year.

How can I find my tax year?

You can find your tax year (or accounting period) in the following documents:

• Your organization’s by-laws.

• Your application for federal tax-exempt status (Forms 1023, 1023-EZ, 1024, or 1024 A) or the determination letter you received approving your tax-exempt status.

• The application, Form SS-4, which is what your organization filed to obtain its employer identification number (EIN).

• A copy of a prior year’s returns for Form 990-N that you filed with the IRS.

Can I file an e-postcard before my tax year has ended?

An e-postcard should be filed after the tax year has ended. If an E-postcard is submitted before the tax year has ended, the E-postcard will be rejected.

Can an organization have its tax-exempt status reinstated if it was revoked for failing to file for three consecutive years?

Yes, Form 7004 tax extension includes IRS extensions for estates, trusts, and other entity types. You will file the same extension form (IRS Tax Form 7004) as other businesses but should indicate that your tax extension is for a trust, estate, or other entity.

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