File your Form 990-PF Online
with the IRS
- Interview-Style/Form-Based Filing Process
- Includes Form 990-PF Schedule B for Free
- Supports Current and prior years' filing
*Pay only for the returns you file
When Do I Need to File
Form 990-PF?
Nonprofit Tax filing deadlines can vary depending on the organization's accounting period.
For Calendar Tax Year (January 1st to December 31), the
due date for filing Form 990-PF is May 15th.
For Fiscal Tax Year
(other than Calendar Tax Year), Form 990-PF is due on the 15th day of
the 5th month.
Note: If the due date falls on a Saturday, Sunday, or legal holiday, file by the next business day.
Information Required to File Your Form 990-PF Electronically!
The private foundations should provide the following details for filing their
Form 990-PF.
- The Organization’s basic Information
- Financial information such as revenue, expenses, assets, and liabilities
- Program-related investments
- Other IRS filings and tax compliance requirements
- Key personnel, governing body, and management details
- Type of organization
Simplify your Form 990-PF Filing with Our Comprehensive Software!
Includes Free Form
990-PF
Schedule B
Copy Prior Year Data
Flexible Form Preparation Options
Retransmit your Rejected Returns
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Supports 8868 Extension Form
Live customer Support via Chat, Phone, and Email
How to E-file your Form 990-PF?
File your Form 990-PF with our e-filing software and experience easy and secure filing.
Add Organization’s Details
Choose the corresponding Tax year
Enter the Form Data
Review Your Form Summary
Transmit Your Form 990-PF to the IRS
Additional Requirements to File
Form 990-PF
If the private foundation receives $5,000 or more from any one contributor during the corresponding tax year, they must file Form 990-PF Schedule B.
A contributor may include:
- Individuals
- Partnerships
- Associations
- Exempt organizations
- Fiduciaries
- Corporations
- Trusts
Frequently Asked Questions
for
Form 990-PF
1.
What is Form 990-PF, and who must file it?
Form 990-PF is an annual information return filed by private foundations to report their financial details, activities, and more for the corresponding
tax year with the IRS.
Primarily, Form 990-PF must be filed by,
- Tax-exempt private foundations.
- Taxable private foundations (section 6033(d)).
- Section 4947(a)(1) nonexempt charitable trusts treated as private foundations.
2.
Is there any Extension form available for Form 990-PF?
Yes! In some cases, Private foundations may require more time to prepare their Form 990-PF. They can file Form 8868 and get an automatic extension of up to 6 months from the IRS.
3.
What are the late filing Penalties for Form 990-PF?
The IRS may impose penalties for filing Form 990-PF late or filing with incorrect information. The penalty amount varies based on the organization’s size.
Smaller Organizations (gross receipts < $1,129,000)
The Maximum penalty of $11,000 or 5% of gross receipts
For Larger Organizations (gross receipts > $1,129,000)
The Maximum penalty of $56,000 or 5% of gross receipts
4.
What is Automatic Revocation?
Under the law, the private
foundation’s federal tax-exempt status is automatically revoked when they
fail to file Form 990-PF
for three consecutive years.
Helpful Resources
Form 990-PF Instructions
Learn More
Form 990-PF Schedule B
Learn More
Form 990-PF Due Date
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