2016-2025 Form

What is the 990n IRS Form

The 990n IRS Form, also known as the e-Postcard, is a simplified annual reporting form required by the Internal Revenue Service (IRS) for small tax-exempt organizations. This form is designed for organizations with gross receipts of $50,000 or less, allowing them to maintain their tax-exempt status without the complexity of the full Form 990. The 990n provides essential information about the organization, including its name, address, and confirmation of its tax-exempt status.

How to use the 990n IRS Form

Using the 990n IRS Form involves a straightforward process. Organizations must first ensure they qualify to file this form based on their gross receipts. After confirming eligibility, they can access the form through the IRS website. The form must be completed electronically, as paper submissions are not accepted. Once completed, organizations should submit the form online to the IRS to fulfill their annual reporting requirement.

Steps to complete the 990n IRS Form

Completing the 990n IRS Form requires a few key steps:

1. Gather necessary information, including the organization’s legal name, address, and Employer Identification Number (EIN).
2. Confirm that the organization’s gross receipts are $50,000 or less.
3. Access the 990n form on the IRS website.
4. Fill out the required fields accurately, ensuring all information is current.
5. Submit the form electronically through the IRS online portal.

Legal use of the 990n IRS Form

The 990n IRS Form serves a legal purpose by allowing small tax-exempt organizations to comply with federal regulations. By submitting this form, organizations confirm their tax-exempt status and provide the IRS with essential information about their operations. Failure to file the 990n may result in penalties, including the loss of tax-exempt status. Therefore, it is crucial for organizations to understand their legal obligations regarding this form.

Filing Deadlines / Important Dates

Organizations must adhere to specific deadlines when filing the 990n IRS Form. The form is due on the 15th day of the fifth month after the end of the organization's fiscal year. For organizations operating on a calendar year, the deadline is May 15. It is essential to file on time to avoid penalties and maintain compliance with IRS regulations.

Form Submission Methods (Online / Mail / In-Person)

The 990n IRS Form must be submitted electronically, as the IRS does not accept paper submissions for this form. Organizations can file the form online through the IRS website. It is important to ensure that all information is accurate and complete before submission to avoid any issues with processing.

Penalties for Non-Compliance

Failing to file the 990n IRS Form can lead to significant penalties for organizations. If an organization does not file for three consecutive years, it risks losing its tax-exempt status. Additionally, the IRS may impose fines for late filings. To avoid these consequences, organizations should prioritize timely and accurate submissions of their 990n forms.