What is a 990-EZ?

Form 990-EZ is used to file an annual tax return to the IRS by many tax-exempt organizations as well as certain political organizations and non-exempt charitable trusts under section 501(a). Additional schedules are required to be completed depending on the activities and types of organization. The organization may also be required to file the completed Form 990-EZ with state governments to satisfy state reporting requirements.

Who needs to File Form 990-EZ?

Form 990-EZ is designed to be used by small tax-exempt organizations, non-exempt or charitable trusts. These organizations must have gross receipts of $200,000 or less in their total assets at the end of the year and less than $500,000 during the past fiscal year. An organization described in item 10 or 11 under Certain organizations with limited gross receipts, later, is required to submit Form 990-N unless it voluntarily files Form 990 or 990-EZ, as applicable.

What do you need to e-file Form 990-EZ with Tax2efile?

Icon 990N
  • Organization details (Name, EIN, Address & Website)
  • Tax year (Calendar of Fiscal filer)
  • Financial details with balance sheets and revenues with expenses
  • Additional schedules & other required compensation information
  • Preparer information

How to e-file Form 990-EZ with Tax2efile?

  • Create your free account and enter your 990-EZ information
  • Select Filing Year
  • Review and submit to IRS
  • You will receive an email confirmation from Tax2efile with a status update from the IRS

What is the Deadline for Form 990-EZ?

IRS 990-EZ Form must be filed by the 15th day of the 5th month after the close of the Organization’s tax period.

For example, if the filer’s tax year ended on December 31, their deadline would be May 15 of the following year. Should it so happen that the due date falls on a holiday or on a weekend, the form is due the following business day.

Forgot to file Form 990-EZ?

No worries the IRS will send you a letter to the address on file to notify the organization to submit the required form. If an organization whose gross receipts are less than $1,000,000 for its tax year files its Form 990-EZ after the due date (including any extensions), and the organization doesn’t provide reasonable cause for filing late, the Internal Revenue Service will impose a penalty of $20 per day for each day the return is late. However, organizations that fail to file required Forms 990, 990-EZ, or 990-N for three consecutive years will automatically lose their tax-exempt status. A revocation of the organization’s tax-exempt status will occur on the filing due date of the third consecutively missed a year. All tax-exempt organizations must provide proof of their income every year.

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