IRS TAX FILING

In order to maintain your Non-Profit tax status all locals are required to file a 990 form with the IRS. Most locals can probably file a 990-N or 990E-Postcard provided your gross receipts are less than $50,000. For Locals with gross receipts of less than $200,000 and total assets less than 500,000 form 990EZ or 990. Locals with gross receipts of more than $200,000 or total assets of more than $500,000 form 990. Below is a chart containing the information of who files what form. Any questions contact your accountant or log onto the IRS web site

Which forms do exempt organizations file?

Most tax-exempt organizations are required to file an annual return. Which form an organization must file generally depends on its financial activity, as indicated in the chart below.

*Status*	*Form to File*
Gross receipts normally ≤ $50,000 Note: Organizations eligible to file the e-Postcard may choose to file a full return	990-N
Gross receipts < $200,000, and Total assets < $500,000	990-EZ or 990
Gross receipts ≥ $200,000, or Total assets ≥ $500,000	990