Today TaxMama hears from William in the TaxQuips Forum with this question. “We are part of a social organization (Ham Radio Club) which is not required to apply for formal tax exempt status because its annual gross receipts are less than $5,000. Must we file the annual form 990-N?” http://taxmama.wpengine.com/forum/taxquips/form-990-n-filing/
My first instinct is that you would need to file the Form 990-N (which is now late…it was due on May 15th). But it always helps to get a definitive answer.
In answer to this specific question, IRS Says:
Is an organization required to file an e-postcard if it was not required to file an application for tax exemption?
Yes, certain organizations do not have to apply for tax exemption but still have an e-Postcard filing requirement. If your organization did not file an application for tax exemption because it is a section 501(c)(3) organization whose gross receipts in each taxable year are normally not more than $5,000 or because it is exempt under another Code section, such as 501(c)(4), an officer of the organization should call Customer Account Services at 1-877-829-5500 (a toll-free number) and ask that the organization be set up to allow filing of the e-Postcard.
There you have it.
Once in a while, logic actually works, when it comes to the tax system. Who’d believe that?!
And remember, you can find answers to all kinds of questions about non profit organizations and other tax issues, free. Where? Where else? At www.TaxMama.com.[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the join TaxMama.com link – it’s free!]
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