Looking to tackle an important task for your chapter's annual responsibilities before the new year? Ensure you file your chapter's IRS forms! It's a crucial requirement, and every chapter must submit a report to the IRS by February 15, 2024. Most chapters with an annual income under $50,000 can use the e-Postcard (990-N), but if your income exceeds $50,000, visit irs.gov/990n for more details. Filing yearly is vital, as your chapter could lose its tax-exempt status if you fail to file for three consecutive years. For those filing the e-Postcard (990-N), follow these simple steps: - Visit the IRS 990-N filing page.
- Review the provided information and click "Submit 990-N (e-Postcard button)" when ready.
- Sign in with Login.gov using your username and password from previous years. If you're a new chapter, you might need to create an account. Avoid signing in with the ID.me option, as it's tied to your personal Social Security Number, not the chapter's EIN.
- Enter the required information:
- Your chapter’s employer identification number (EIN)
- Tax year
- Legal name and mailing address of the chapter
- Any other names the organization uses
- Name and address of a principal officer or person filing
- Website address if the organization has one
- Confirmation that the organization's annual gross receipts are $50,000 or less (yes/no answer)
- If applicable, a statement that the organization has terminated or is terminating (going out of business)
- After filing, save a copy of the confirmation page for your records. To ensure your submission was accepted, log back into the IRS system after about 10 minutes.
If you need assistance, don't hesitate to reach out to Angel Kearns (akearns@pflag.org). |
|
