IRS: Filing Deadline: Don’t Risk Losing Your Exemption; Extension of Time to File
Filing Deadline: Don’t Risk Losing Your Exemption
Monday, May 15, 2023, is the deadline for calendar-year exempt organizations to file certain returns. For tips on which forms to file and how to prepare your annual filings, please view the Form 990 Overview Course.
As a reminder, under Internal Revenue Code Section 6033(j), organizations that fail to file their Form 990-series return or notice for three consecutive years automatically lose their exemption.
For more information see IR-2023-90 April 20, 2023
Extension of Time to File
Tax-exempt organizations that need additional time to file beyond the May 15 deadline can request a 6-month automatic extension by filing Form 8868, Application for Extension of Time To File an Exempt Organization Return (PDF). In situations where tax is due, extending the time for filing a return does not extend the time for paying tax. The IRS encourages organizations requesting an extension to electronically file Form 8868.