Application for Extension to File Exempt Organization Return

Submit Form 8868 electronically via the IRS e-file system for the most efficient processing. If filing on paper, mail the completed form to the IRS address provided in the form's instructions. Ensure that you include any required payments using the Electronic Federal Tax Payment System (EFTPS). Electronic submission is highly recommended to receive immediate acknowledgment from the IRS. Always double-check the form for accuracy before submission.

Ensure you file Form 8868 by the original due date of the return you seek an extension for in 2024 and 2025. Plan ahead to meet these deadlines and avoid late filing penalties.

Form 8868 serves the crucial purpose of allowing exempt organizations to request an extension of up to 6 months to file their returns. This form is necessary when organizations require additional time beyond the standard filing deadline to compile accurate and complete returns. It applies to various forms, such as Form 990, Form 990-PF, and Form 5500, thereby accommodating different types of exempt organizations, including nonprofits, private foundations, and employee benefit plans. Form 8868 is a valuable resource for organizations that may face challenges in gathering required financial records or undergoing complex audits. By obtaining an extension, they are afforded the necessary time to ensure compliance with IRS regulations and to prepare returns that accurately reflect their financial activities and commitments. The process for requesting an extension via Form 8868 is straightforward, with clear instructions provided by the IRS to assist filers in completing the form correctly. Filing Form 8868 electronically is highly recommended, as it offers a quicker and more efficient way to request an extension compared to traditional paper filing. Additionally, e-filing ensures prompt acknowledgment from the IRS, giving organizations peace of mind. Whether dealing with annual returns, excise taxes, or other specific filings, Form 8868 plays a pivotal role in helping exempt organizations maintain good standing with the IRS by meeting their tax obligations in a timely manner.

• 1. Name of exempt organization: Enter the name of the organization requesting the extension.
• 2. Taxpayer identification number (TIN): Input the organization's taxpayer identification number.
• 3. Address: Provide the street address, city, state, and ZIP code of the organization.
• 4. Return Code: Select the return code corresponding to the form for which the extension is requested.
• 5. Part II - Automatic Extension: Complete this section for an automatic 6-month extension for exempt organizations.
• 6. Part III - Extension for Form 5330: Fill out this section for an extension to file Form 5330, including plan details and payment information.
• 7. Signature: The authorized person must sign and date the form under penalties of perjury.

Failing to submit Form 8868 by the required deadline can result in significant consequences, including penalties and interest. Organizations that miss the deadline may forfeit the opportunity to obtain an extension, leading to late filing penalties on the original return.

• Penalties: IRS may impose late filing penalties on the organization for failing to file on time.
• Interest charges: Interest may accrue on any unpaid taxes from the original due date of the return.
• Loss of extension: The organization may lose the opportunity to file for an extension, causing immediate due dates.

• 1. Nonprofit Organizations: To request a 6-month extension for filing Form 990 or Form 990-EZ.
• 2. Private Foundations: To obtain more time for submitting Form 990-PF.
• 3. Employee Benefit Plans: To extend the deadline for Form 5500 filing.
• 4. Trusts: To seek additional time for filing Form 990-T.
• 5. Corporations: To request an extension for Form 990-T (corporation).