Get the free Form 1023
Show details
This form is used by organizations to apply for recognition of tax exemption under section 501(c)(3) of the Internal Revenue Code, allowing them to receive tax-deductible contributions.
We are not affiliated with any brand or entity on this form
Get, Create, Make and Sign form 1023
Edit your form 1023 form online
Type text, complete fillable fields, insert images, highlight or blackout data for discretion, add comments, and more.
Add your legally-binding signature
Draw or type your signature, upload a signature image, or capture it with your digital camera.
Share your form instantly
Email, fax, or share your form 1023 form via URL. You can also download, print, or export forms to your preferred cloud storage service.
Editing form 1023 online
Here are the steps you need to follow to get started with our professional PDF editor:
1
Sign into your account. In case you're new, it's time to start your free trial.
2
Upload a file. Select Add New on your Dashboard and upload a file from your device or import it from the cloud, online, or internal mail. Then click Edit.
3
Edit form 1023. Add and replace text, insert new objects, rearrange pages, add watermarks and page numbers, and more. Click Done when you are finished editing and go to the Documents tab to merge, split, lock or unlock the file.
4
Get your file. When you find your file in the docs list, click on its name and choose how you want to save it. To get the PDF, you can save it, send an email with it, or move it to the cloud.
With pdfFiller, it's always easy to work with documents.
Uncompromising security for your PDF editing and eSignature needs
Your private information is safe with pdfFiller. We employ end-to-end encryption, secure cloud storage, and advanced access control to protect your documents and maintain regulatory compliance.
How to fill out form 1023
How to fill out Form 1023
01
Obtain a copy of Form 1023 from the IRS website.
02
Read the instructions thoroughly to understand eligibility requirements.
03
Gather required information about your organization, including its mission, structure, and activities.
04
Complete the organizational information section, including name, address, and employer identification number (EIN).
05
Provide a detailed description of your organization’s activities and how they align with charitable purposes.
06
Include financial information, such as projected budgets and funding sources.
07
Answer all questions accurately, providing any required documentation.
08
Review the application for completeness and accuracy.
09
Sign and date the application.
10
Submit the completed Form 1023 to the IRS along with the appropriate filing fee.
Who needs Form 1023?
01
Nonprofit organizations seeking federal tax-exempt status under Section 501(c)(3) of the Internal Revenue Code.
02
Organizations intending to operate for charitable, religious, educational, scientific, or literary purposes.
03
Groups that wish to receive tax-deductible contributions.
Fill
form
: Try Risk Free
People Also Ask about
What happens if I use Form 1023-EZ and bring in more than $50,000?
In either case, your organization will be on the IRS radar, and it could lose its exempt status entirely. Remember too, you are signing the application under penalty of perjury. If you have any expectation of more than $50,000 in revenue, you would be far wiser to file the full Form 1023 now.
How long does it take for Form 1023 to be approved?
If you file Form 1023, the average IRS processing time is 6 months. Processing times of 9 or 12 months are not unheard of. The IRS closely scrutinizes these applications, as the applicants are typically large or complex organizations.
What is the difference between a 501c3 and a 1023?
Section 501(c)(3) outlines the qualifications of a tax-exempt organization in certain respects while Form 1023 must be filled out in order to obtain the tax-exempt status. You'll learn the fundamentals of fundraising, writing a mission statement, choosing a board of directors and so much more!
How much does it cost to file an IRS Form 1023?
The user fee for: Form 1023 is $600. Form 1023-EZ is $275.
How long does it take for Form 1023 to be approved?
If you file Form 1023, the average IRS processing time is 6 months. Processing times of 9 or 12 months are not unheard of. The IRS closely scrutinizes these applications, as the applicants are typically large or complex organizations.
What is IRS Form 1023 for?
Form 1023 is an application an organization uses for the IRS to issue a determination letter or ruling letter that recognizes an organization's exemption from federal income tax.
Can I file Form 1023 electronically?
Organizations must electronically file this form to apply for recognition of exemption from federal income tax under section 501(c)(3). Note. You may be eligible to file Form 1023-EZ, a streamlined version of the application for recognition of tax exemption.
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
What is Form 1023?
Form 1023 is the application form used by organizations seeking federal tax-exempt status under Section 501(c)(3) of the Internal Revenue Code.
Who is required to file Form 1023?
Organizations that wish to be recognized as tax-exempt under Section 501(c)(3) must file Form 1023, specifically if they are charities, educational organizations, religious organizations, or other nonprofits that meet this designation.
How to fill out Form 1023?
To fill out Form 1023, organizations must provide detailed information about their structure, governance, activities, and financials. This includes descriptions of their charitable purpose, operational plans, and funding sources, along with required supporting documents.
What is the purpose of Form 1023?
The purpose of Form 1023 is to evaluate an organization's request for tax-exempt status and ensure that it meets the criteria established by the IRS for 501(c)(3) organizations.
What information must be reported on Form 1023?
Form 1023 requires information such as the organization's name, address, responsible officers, description of activities, financial information, bylaws, and a statement detailing how its proposed activities will further its charitable purpose.
Fill out your form 1023 online with pdfFiller!
pdfFiller is an end-to-end solution for managing, creating, and editing documents and forms in the cloud. Save time and hassle by preparing your tax forms online.
Form 1023 is not the form you're looking for?Search for another form here.
Relevant keywords
Related Forms
If you believe that this page should be taken down, please follow our DMCA take down process
here
.
This form may include fields for payment information. Data entered in these fields is not covered by PCI DSS compliance.
