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This form is used by organizations exempt from income tax under section 501(c), 527, or 4947(a)(1) to report their financial information and fulfill reporting requirements.

How to fill out 990-ez

How to fill out 990-EZ

1. Gather your financial records for the year, including income, expenses, and any relevant documents.
2. Download the Form 990-EZ from the IRS website or obtain a physical copy.
3. Fill in the organization's name and Employer Identification Number (EIN) at the top of the form.
4. Complete Part I by reporting your organization's revenue and expenses for the year.
5. Fill out Part II, which details the balance sheet of your organization.
6. Complete Part III, providing a summary of your organization's mission and programs.
7. If applicable, fill out Part IV regarding changes in the organization’s accounting method.
8. Sign and date the form in Part V, and include your title.
9. Review the entire form for accuracy before submission.
10. Submit Form 990-EZ to the IRS by the due date, either electronically or via mail.

Who needs 990-EZ?

1. Organizations with gross receipts of $200,000 or less and total assets under $500,000 at the end of the year.
2. Certain tax-exempt organizations, including small charities and non-profits, that meet the criteria for filing Form 990-EZ.

People Also Ask about

Who fills out the IRS Form 990?

Tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations file Form 990 to provide the IRS with the information required by section 6033.

What is the difference between a 990 and a 990 EZ?

Form 990-EZ, the IRS form required for midsized tax-exempt organizations with annual gross receipts between $50,000 and $200,000. Form 990, the IRS form required for larger tax-exempt organizations with annual gross receipts over $200,000 or total assets over $500,000.

What are the rules for filing a 990 EZ?

Form 990-EZ can be filed by organizations with gross receipts of less than $200,000 and total assets of less than $500,000 at the end of their tax year.

Who prepares Form 990?

Hire a Nonprofit Tax Professional to File Form 990 For You Chances are, you wouldn't attempt to work on your modern, computer-controlled car if you're not a certified mechanic. The same logic applies here. Trust a professional to prepare Form 990 for your nonprofit.

What is the difference between a 990 and a 990-EZ?

Form 990-EZ, the IRS form required for midsized tax-exempt organizations with annual gross receipts between $50,000 and $200,000. Form 990, the IRS form required for larger tax-exempt organizations with annual gross receipts over $200,000 or total assets over $500,000.

Can I file a 990 EZ for free?

FREE to file Form 990/990-EZ for organizations with less than $100,000 in gross receipts. For organizations with gross receipts greater than $100,000, we have a sliding scale fee structure starting at $41. FREE to file Form 8868 (request for extension).

Who can fill out 990-EZ?

Form 990-EZ requirements Most tax-exempt organizations with gross receipts less than $200,000 and total assets at the end of the year less than $500,000 can file Form 990-EZ instead of Form 990. Exceptions to this include: Sponsoring organizations of donor advised funds.

Who fills out Form 990 EZ?

The 990 EZ Form is for small- to medium-sized organizations that have gross receipts of less than $200,000 and less than $500,000 in total assets at the end of the year. This includes: Tax-exempt organizations.

For pdfFiller’s FAQs

What is 990-EZ?

Form 990-EZ is a shorter version of Form 990, which is the annual information return required to be filed by tax-exempt organizations in the United States. It is designed for organizations with gross receipts between $200,000 and $500,000 and total assets less than $2.5 million.

Who is required to file 990-EZ?

Organizations that are classified as tax-exempt under section 501(c) of the Internal Revenue Code and meet the specific criteria regarding gross receipts and total assets are required to file Form 990-EZ.

How to fill out 990-EZ?

To fill out Form 990-EZ, organizations must provide information on their income, expenses, and net assets, including a summary of their activities and a balance sheet. Instructions for each line item are provided in the IRS guidelines accompanying the form.

What is the purpose of 990-EZ?

The purpose of Form 990-EZ is to provide the IRS and the public with information about the financial status, activities, and governance of tax-exempt organizations to ensure transparency and compliance with tax regulations.

What information must be reported on 990-EZ?

Form 990-EZ requires reporting on various aspects including the organization's revenue, expenses, net assets, and a description of its mission and accomplishments. It also includes information about board members and key activities conducted during the year.