Form 1023-ez Eligibility Worksheet

What is form 1023-ez eligibility worksheet?

The form 1023-ez eligibility worksheet is a document that organizations must complete to determine if they meet the requirements for filing the simplified version of Form 1023, which is used to apply for tax-exempt status under section 501(c)(3) of the Internal Revenue Code. This worksheet helps organizations assess their eligibility based on various criteria.

What are the types of form 1023-ez eligibility worksheet?

There are different types of form 1023-ez eligibility worksheet based on the type of organization applying for tax-exempt status. The IRS provides separate worksheets for different types of applicants, such as churches, schools, hospitals, and other types of nonprofit organizations. Each worksheet is tailored to the specific requirements and qualifications for each type of organization.

Churches
Schools
Hospitals
Nonprofit organizations

How to complete form 1023-ez eligibility worksheet

Completing the form 1023-ez eligibility worksheet is an important step in the application process for tax-exempt status. To complete the worksheet, follow these steps:

01
Gather all necessary information and supporting documents.
02
Carefully review the instructions provided with the worksheet.
03
Answer each question accurately and provide any requested documentation.
04
Double-check all the information entered for accuracy and completeness.
05
Submit the completed form 1023-ez eligibility worksheet along with the required attachments to the IRS for review.

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Questions & answers

In the event that you exceed the $50,000 threshold, the IRS can retroactively revoke your organization's 501(c)(3) status if you are unable to make a persuasive case that you met the Form 1023-EZ eligibility criteria at the time you applied.
How much is the user fee for an exemption application? The user fee for Form 1023 is $600. The user fee for Form 1023-EZ is $275. The user fees must be paid through Pay.gov when the application is filed.
In the event that you exceed the $50,000 threshold, the IRS can retroactively revoke your organization's 501(c)(3) status if you are unable to make a persuasive case that you met the Form 1023-EZ eligibility criteria at the time you applied.
To file Form 1023-EZ, you must first create an account at www.pay.gov. Once you have registered with Pay.gov, you will be able to create and save a draft of the Form 1023-EZ which you may then submit electronically through the Pay.gov website after paying the user fee.
As the name suggests, Form 1023-EZ is easier to complete, and the rate of approval is very high, but there may be disadvantages to using this form. The average processing time for Form 1023-EZ is about 2-4 weeks. By contrast, Form 1023 can take between 3 and 6 months for processing, and it could take up to a year.
It may take 60 days or longer to process your request. You may also request an affirmation letter using Form 4506-B.