When Is Your Annual IRS Form 990 Due?
Hello, nonprofit friends! Reminder: if your nonprofit’s fiscal year is the same as the calendar year, your 990 tax form is due to be filed with the IRS by next Wednesday, May 15. Every year, U.S. nonprofits are required to file a Form 990 with the IRS. There are three versions of this form, the 990-N (e-Postcard), 990-EZ, and 990. How do you know which one you should file? Form 990-N (e-Postcard) can generally be filed if your nonprofit has gross receipts totaling $50,000 or less. This form requires very basic information and can be filed online on the IRS Website. Form 990-EZ is filed by nonprofits with gross receipts totaling between $50,000 and $250,000 and total assets under $500,000. Form 990 (sometimes called the “990 full”) is filed by nonprofits with gross receipts over $250,000. You will likely need support from a CPA to complete this form. You can find more information about all 990 tax forms on the IRS website. Due date: 990s are due by the 15th day of the 5th month after the last day of a nonprofit’s fiscal year. In other words, nonprofits with a fiscal year that corresponds with the calendar year ending December
