
Department of the Treasury Internal Revenue Service Instructions for Form 1024 Rev Meddevgroup
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People also ask
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What is the IRS form 1024 for?
Organizations must electronically file Form 1024 to apply for recognition of exemption under section 501(a) for being described in section 501(c) (other than section 501(c)(3) or (4)) or section 501(d).
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Does a 501(c)(4) have to file a 1024?
To receive a letter of recognition from the IRS, a 501(c)(4) organization must file a Form 1024 (“Application for Recognition of Exemption Under Section 501(a)”) within 27 months of formation to receive a letter recognizing exempt status dating back to the formation of the organization.
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Where can I get IRS forms and instructions?
If you know what form or publication you need, call the IRS toll-free forms number at 1-800-TAX-FORM (1-800-829-3676). If you're not sure what to order, get Publication 910, "Guide to Free Tax Services," which lists publications and related forms, with descriptions and a subject matter index.
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How much does it cost to file a 1024?
Organizations requesting determinations under Section 521 are now also able to use the electronic Form 1024 instead of Form 1028, Application for Recognition of Exemption Under Section 521 of the Internal Revenue Code. The required user fee for Form 1024 remains $600 for 2022.
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What is the purpose of the IRS form 1024?
Organizations must electronically file Form 1024 to apply for recognition of exemption under section 501(a) for being described in section 501(c) (other than section 501(c)(3) or (4)) or section 501(d).
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How long does it take for form 1024 to be approved?
Normal processing time is between three and six months. Question – I had always thought that Form 1024 is the proper application form for recognition under IRC Section 501(c)(4).
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How much does it cost to file IRS form 1024?
Organizations requesting determinations under Section 521 are now also able to use the electronic Form 1024 instead of Form 1028, Application for Recognition of Exemption Under Section 521 of the Internal Revenue Code. The required user fee for Form 1024 will remain $600 for 2022.
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What is the difference between form 1024 and 1024a?
Form 1024-A requires applicants to provide somewhat greater detail than Form 1024. For example, Form 1024-A requires organizations to disclose family or business relationships or agreements with any officers, directors, trustees, employees, members, independent contractors, or any entity they own or control.
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