990 Filers Must E-File

Not quite yet, but soon!

IRS: Recent legislation (the Taxpayer First Act) requires tax exempt organizations to e-file forms.

WASHINGTON – The Internal Revenue Service said today that the Taxpayer First Act, enacted July 1, requires tax exempt organizations to electronically file information returns and related forms. The new law affects tax exempt organizations in tax years beginning after July 1, 2019.

The following IRS forms are included in the mandate:

• Form 990, Return of Organization Exempt from Income Tax.

• Form 990-PF, Return of Private Foundation or Section 4947(a)(1) Trust Treated as Private Foundation.

• Form 8872, Political Organization Report of Contributions and Expenditures.

• Form 1065, U.S. Return of Partnership Income (if filed by a Section 501(d) apostolic organization).

Those who previously filed paper forms will receive a letter from the IRS informing them of the change.

This means 1) EROs will need to update their software licenses, and 2) Any organization that can't file 990N or 990EZ will either need to invest in software, or find an ERO who already has.

There is more information in the notice: But, Sorry I can't give you a link - I got the notice through their news service today - but it hasn't been posted to their website yet.


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