This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for IRS Form 990 for the current year.
This document contains official instructions for IRS Form 990 , Return of Organization Exempt From Income Tax - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 990 Schedule R is available for download through this link.
Q: What is IRS Form 990?
A: IRS Form 990 is a tax return form that must be filed by a tax-exempt organization to provide information about its activities, finances, and governance.
Q: Who needs to file IRS Form 990?
A: Tax-exempt organizations, such as nonprofit organizations, religious organizations, and charitable organizations, need to file IRS Form 990.
Q: What information is required to be reported on Form 990?
A: Form 990 requires the organization to report its financial information, program activities, governance structure, compensation of key employees, and other relevant information.
Q: When is the deadline to file Form 990?
A: The deadline to file Form 990 varies depending on the organization's fiscal year. In general, it is due on the 15th day of the 5th month after the end of the organization's fiscal year.
Q: Are there different versions of Form 990?
A: Yes, there are different versions of Form 990, such as Form 990-EZ and Form 990-N, which are used by smaller organizations with lower revenue amounts.
Q: Can Form 990 be filed electronically?
A: Yes, Form 990 can be filed electronically using the IRS's e-file system.
Q: What are the consequences of not filing Form 990?
A: Failure to file Form 990 can result in penalties and the loss of tax-exempt status for the organization.
Q: Is there a fee to file Form 990?
A: No, there is no fee to file Form 990.
Q: Can I get an extension to file Form 990?
A: Yes, organizations can request an extension of time to file Form 990 by filing Form 8868 before the original due date of the return.
Instruction Details:
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