Tax law compliance before exempt status is recognized - Private foundation


A foundation that claims tax-exempt status, but has not yet received an IRS letter recognizing that status, is generally required to file an annual exempt organization return. If an annual return is due before the foundation has submitted its application or while its application for recognition of exempt status is pending (including any appeal of a proposed adverse determination), the foundation must e-file the return (including all applicable schedules and attachments). Charities and nonprofits can file the following forms electronically through an IRS authorized e-file provider.

Indicate that an application is pending by checking the appropriate box on page 1 of Form 990-PF.

Like other exempt organization annual returns, a return filed while an application is pending is subject to public disclosure.

If an organization has unrelated business income of more than $1,000, it must also e-file Form 990-T, Exempt Organization Business Income Tax ReturnPDF.

Your organization must comply with other tax law requirements applicable to section 501(c)(3) tax-exempt organizations.  See Publication 4221-PF, Compliance Guide for 501(c)(3) Private FoundationsPDF, for more information.

Additional information:

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