Get the free Form 990-EZ - irs990 charityblossom

This form is used by organizations exempt from income tax under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code to report their annual income, expenses, and activities.

How to fill out form 990-ez - irs990

How to fill out Form 990-EZ

1. Gather the necessary financial information for the tax year, including income, expenses, and net assets.
2. Download Form 990-EZ from the IRS website or obtain a hard copy from the IRS office.
3. Fill out the basic information at the top of the form, including the organization’s name, address, and Employer Identification Number (EIN).
4. Complete Part I by reporting the organization’s revenue, including contributions, program service revenue, and investment income.
5. Complete Part II by detailing the organization’s expenses, ensuring to categorize them properly.
6. Calculate the organization’s net assets in Part III and report any changes from the previous year.
7. If applicable, complete Part IV, which addresses the organization's functional expenses.
8. Use Part V to answer a series of yes/no questions concerning the organization’s status and activities.
9. If applicable, fill out Schedule A to provide additional details about the organization’s public charity status.
10. Review the completed form for accuracy and ensure all required attachments are included.
11. Sign and date the form, and ensure the signature is from an authorized officer of the organization.
12. Submit the completed Form 990-EZ to the IRS by mail or electronically, if eligible.

Who needs Form 990-EZ?

1. Small tax-exempt organizations with gross receipts between $200,000 and $500,000 that are not classified as a private foundation.
2. Organizations that choose to file Form 990-EZ instead of Form 990 due to their financial status.
3. Nonprofits seeking to maintain their tax-exempt status and fulfill annual filing requirements.

People Also Ask about

Is the IRS 990 publicly available?

The IRS must make Forms 990-T filed by charities publicly available; use Form 4506-A PDF to request copies. Copies of Forms 990-T on DVD may be purchased from the IRS. See Copies of scanned exempt organization returns available.

How much does it cost to file a 990EZ?

Tax Professionals Pricing Forms1-10 Returns11+ Returns Form 990-EZ (Price Per Form) $89.90 $69.90 Form 990-PF (Price Per Form) $149.90 $119.90 Form 990 (Price Per Form) $179.90 $139.90 Form 990-T (Price Per Form) $139.90 $109.905 more rows

Can an IRS Form 990 be filed electronically?

Forms 990 & 990-PF Forms 990, Return of Organization Exempt from Income Tax, and 990-PF, Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation, for tax years ending July 31, 2020 and later MUST be filed electronically.

Where can I get a 990 form?

The 990 is a public document that you can search for on the websites for the Secretary of State or the Attorney General where the organization is incorporated. In addition, 990s are available from a variety of open source and subscription sources. You may also request them from an organization or from the IRS.

What is Form 990-EZ for?

Purpose of Form Form 990, Return of Organization Exempt From Income Tax, and Form 990-EZ are used by tax-exempt organizations, nonexempt charitable trusts (that are not treated as private foundations), and section 527 political organizations to provide the IRS with the information required by section 6033.

Can you file a 990-EZ online 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).

Is Form 990 free?

Pricing. 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).

Where can I download Form 990?

The 990 is a public document that you can search for on the websites for the Secretary of State or the Attorney General where the organization is incorporated. In addition, 990s are available from a variety of open source and subscription sources. You may also request them from an organization or from the IRS.

For pdfFiller’s FAQs

What is Form 990-EZ?

Form 990-EZ is a shorter version of the Form 990 used by tax-exempt organizations to provide the IRS with financial information, governance details, and operational activities.

Who is required to file Form 990-EZ?

Organizations with gross receipts of $200,000 or less and total assets of $500,000 or less at the end of the tax year are required to file Form 990-EZ.

How to fill out Form 990-EZ?

To fill out Form 990-EZ, organizations must provide details such as revenue, expenses, assets, and liabilities, along with their mission and governance structure.

What is the purpose of Form 990-EZ?

The purpose of Form 990-EZ is to ensure transparency and accountability among tax-exempt organizations by reporting their financial activities and compliance with tax regulations.

What information must be reported on Form 990-EZ?

Form 990-EZ requires reporting of the organization's revenue, expenses, net assets or fund balances, compensation of highest-paid employees, and statements on the organization's mission and programs.