40e 42b 42c Section 4947 a 1 nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041 Check here. Meaning of section 512 b 13 If Yes Form 990 and Schedule R may need to be completed instead of Form 990-EZ. And enter the amount of tax-exempt interest received or accrued during the tax year. 44a completed instead of Form 990-EZ. If gross receipts are 200 000 or more or if total assets Part II column B are 500 000 or more file Form 990 instead of Form 990-EZ. Must agree with Cat. No....10642I 6d 7c Form 990-EZ 2018 Page Balance Sheets see the instructions for Part II A Beginning of year Cash savings and investments. Did the organization engage in any section 4958 excess benefit transaction during the year or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ If Yes complete Schedule L Part I 35b 35c 37b 38a 40b on organization managers or disqualified persons during the year under sections 4912...4955 and 4958. O. box if mail is not delivered to street address Name change Room/suite E Telephone number Initial return Final return/terminated Amended return City or town state or province country and ZIP or foreign postal code F Group Exemption Number help Application pending Cash G Accounting Method I Website J Tax-exempt status check only one Accrual Other specify H Check if the organization is not required to attach Schedule B Form 990 990-EZ or 990-PF. Form 990-EZ Short Form Return of...Organization Exempt From Income Tax Under section 501 c 527 or 4947 a 1 of the Internal Revenue Code except private foundations Department of the Treasury Internal Revenue Service OMB No. 1545-1150 Open to Public Inspection Do not enter social security numbers on this form as it may be made public. Go to www.irs.gov/Form990EZ for instructions and the latest information. A For the 2018 calendar year or tax year beginning C Name of organization help B Check if applicable 2018 and ending D Employer...identification number help Address change Number and street or P. Click on the question-mark icons to display help windows. The information provided will enable you to file a more complete return and reduce the chances the IRS has to contact you. 501 c 3 insert no. 4947 a 1 or K Form of organization Corporation Trust Association Other L Add lines 5b 6c and 7b to line 9 to determine gross receipts. Part I Revenue Expenses and Changes in Net Assets or Fund Balances see the instructions for Part I...Check if the organization used Schedule O to respond to any question in this Part I. Contributions gifts grants and similar amounts received. Program service revenue including government fees and contracts. Membership dues and assessments. Investment income. 5a Gross amount from sale of assets other than inventory. 5a b Less cost or other basis and sales expenses. 5b c Gain or loss from sale of assets other than inventory Subtract line 5b from line 5a. Gaming and fundraising events a Gross...income from gaming attach Schedule G if greater than 15 000. 6a of contributions from fundraising events reported on line 1 attach Schedule G if the sum of such gross income and contributions exceeds 15 000.
pdfFiller is not affiliated with IRS
Get, Create, Make, and Sign IRS 990-EZ
Edit your IRS 990-EZ 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 IRS 990-EZ via URL. You can also download, print, or export forms to your preferred cloud storage service.
Instructions and Help about IRS 990-EZ
How to edit IRS 990-EZ
How to fill out IRS 990-EZ
Instructions and Help about IRS 990-EZ
How to edit IRS 990-EZ
To edit the IRS 990-EZ form, first, ensure you have the correct version of the form according to the applicable tax year. You can download the form from the IRS website or use a document management tool like pdfFiller that allows for editing. Make the necessary changes directly in the editable fields of the form, ensuring that all required information is accurate and complete before saving your edits. After editing, you can print or submit the form electronically based on your needs.
How to fill out IRS 990-EZ
Filling out the IRS 990-EZ form requires careful attention to detail. Begin by gathering the information needed, including your organization’s identification number and financial statements. Follow these steps:
01
Download the IRS 990-EZ form from the IRS website or use a tool like pdfFiller.
02
Input your organization’s name, address, and employer identification number (EIN) in the designated fields.
03
Complete the financial statement portion, detailing your income, expenses, and net assets.
04
Provide information regarding any program services, fundraising activities, and other relevant details.
About IRS 990-EZ 2018 previous version
What is IRS 990-EZ?
IRS 990-EZ is a tax form used by certain tax-exempt organizations to report their financial information to the IRS. This simplified version of the Form 990 is designed for organizations with gross receipts of less than $200,000 and total assets of less than $500,000. It allows these organizations to provide necessary information for compliance while reducing the complexity typically associated with full Form 990 filing.
When am I exempt from filling out this form?
An organization is exempt from filing IRS 990-EZ if it falls under specific categories set by the IRS, including churches, certain governmental entities, and private foundations that are not required to file under other rules. Additionally, organizations with gross receipts of less than $50,000 can file a simpler form, Form 990-N, instead of the 990-EZ.
Due date
The due date for filing IRS 990-EZ is the 15th day of the 5th month after the end of the organization’s accounting period. For organizations operating on a calendar year, this means the due date is May 15. If the due date falls on a weekend or holiday, the deadline is extended to the next business day.
What payments and purchases are reported?
IRS 990-EZ requires organizations to report various types of financial transactions, including income from contributions, grants, and program services. Organizations must also detail their expenditures, which cover operational costs, salaries, and program-related expenses. Accurate reporting is crucial as it reflects the organization’s financial management and compliance with tax laws.
What information do you need when you file the form?
When filing IRS 990-EZ, you need several critical pieces of information, including:
01
Your organization’s name, address, and EIN.
02
Financial statements highlighting revenue, expenses, and liabilities.
03
Details of program services and accomplishments.
04
Information regarding governance, including board members and operational structure.
Where do I send the form?
Completed IRS 990-EZ forms must be mailed to the address designated by the IRS based on the organization’s location. It's crucial to review the instructions on the IRS website or the form itself for the appropriate mailing address based on your state of residence.
What is the purpose of this form?
The purpose of IRS 990-EZ is to provide the IRS with essential information about a tax-exempt organization’s financial status, governance, and activities. The form helps the IRS assess compliance with tax laws and maintain transparency in nonprofit operations. Additionally, it informs the public and potential donors about the organization’s financial health, thereby promoting accountability.
Who needs the form?
Organizations eligible to file IRS 990-EZ typically include small tax-exempt organizations with gross receipts and total assets below the specified thresholds. This includes charities, educational institutions, and non-profit organizations. If your organization meets the criteria, it must file this form to maintain its tax-exempt status.
Components of the form
The IRS 990-EZ form consists of several key components, including sections for identifying information, financial summaries, and program service accomplishments. Organizations must report revenue, expenses, and changes in net assets, as well as provide detailed descriptions of their activities to demonstrate their mission and operational impact.
How many copies of the form should I complete?
You should complete one copy of the IRS 990-EZ form for submission to the IRS. However, it is advisable to retain a copy of the completed form for your organization’s records. If you're submitting multiple returns or if state-specific requirements apply, check those regulations for additional copies.
What are the penalties for not issuing the form?
Failing to file IRS 990-EZ can result in penalties, which may include a fine of $20 per day the form is late, with a maximum penalty of $10,000 or 5% of the organization's gross receipts for the year, whichever is less. Continued failures to file can result in the automatic loss of tax-exempt status.
Is the form accompanied by other forms?
IRS 990-EZ may need to be accompanied by supporting schedules or additional forms, depending on the organization’s activities and financial details. It's essential to check if any amendments, attachments, or specific schedules are required for your submission to ensure complete compliance.
FAQ about IRS 990-EZ
What should I do if I realize I've made a mistake on my IRS 990-EZ after filing?
If you discover an error on your IRS 990-EZ after submission, you'll need to file an amended return to correct the mistake. The IRS form 990-X is often used for this purpose. Ensure that you indicate the adjustments clearly, as inaccuracies can lead to issues with compliance and may trigger an audit.
How can I confirm that my IRS 990-EZ has been properly received by the IRS?
You can verify the receipt of your IRS 990-EZ by checking the status through the IRS e-file tracking system or by calling the IRS directly. Keep in mind that if you e-file your form, you should receive a confirmation email, though processing times can vary depending on the volume of submissions the IRS is handling.
What are some common errors when filing the IRS 990-EZ and how can I avoid them?
Common mistakes include failing to report all required income and miscalculating expenses. To avoid these errors, double-check your entries against your financial records and ensure all data aligns with the instructions for the IRS 990-EZ. Utilizing updated tax software can also help catch potential errors before submission.
Can I e-file my IRS 990-EZ using any software, or are there specific requirements?
Not all software is compatible with the IRS 990-EZ. Ensure your chosen e-filing solution is approved by the IRS for this specific form. Additionally, check for any updates to the software and system requirements that may affect your ability to submit electronically.
If I receive a notice from the IRS regarding my filed form, what steps should I take?
If you receive a notice about your IRS 990-EZ, it is essential to read it carefully and understand what is being requested. Gather appropriate documentation in response and consult a tax professional if you are uncertain about how to proceed. Timely and accurate responses are crucial for addressing any issues raised by the IRS.
See what our users say
Read user feedback and try pdfFiller to explore all its benefits for yourself
Good. Saving files could be a lot easier, but other than that I'm very satisfied.
Tom C
C'est vraiment super pratique de pouvoir modifier ses documents!
Use this catalog to find any type of IRS forms. We've gathered all of them under this section uncategorized to help you to find a proper form faster. Once you spot it on this list, have a look at the versions and schedules you might need as attachments. All returns are available for 2016 and for previous fiscal years.
