Form 990 - Non-Profit Organization 501(c)(3)
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Starting with tax year 2015, TaxAct now supports Federal Form 990, the annual information return required for some 501(c)(3) organizations.  TaxAct will not support any state filings of Form 990 for the 2017 tax year.
 
Generally, tax-exempt organizations must file an annual information return. Tax-exempt organizations that have annual gross receipts not normally in excess of $25,000 are not required to file the annual information return. In addition, churches and certain religious organizations, certain state and local instrumentalities, and other organizations are excepted from the annual return filing requirement. For more information, see IRS Publication 557 Tax-Exempt Status for Your Organization.
 
Publication 4221, Compliance Guide for 501(c)(3) Public Charities or Compliance Guide for 501 (c) (3) Private Foundations, explains the filing and record keeping rules that apply to organizations that have tax-exempt status under section 501(c)(3).


Additional Information