Federal Taxes: IRS Form 990

Charities and Nonprofits | Internal Revenue Service (irs.gov)

Every local PT(S)A must file an IRS 990 every year; a copy of that 990 filing also must be sent to Free State PTA at soa@fspta.org or uploaded into GiveBacks.

If your local unit had gross receipts of less than $50,000, go to the IRS website to locate the form 990-N, a relatively simple form to complete online by November 15. But if you wish to file the 990-EZ instead of the 990-N, you may do so.

Filing the IRS 990-N only takes a few minutes! Instructions are here: https://www.irs.gov/pub/irs-pdf/p5248.pdf

If your local unit had gross receipts of $50,000, but less than $200,000 (more than $200,000 requires a 990), you are required to file IRS Form 990-EZ and the accompanying Schedule A (Schedule B and others as necessary).

Please make sure that your 4 digit GEN code, Block F, is listed as 1999. This code identifies you as part of the Free State PTA group.

WHY: On May 28, 1969, the Internal Revenue Service granted a blanket exemption to all Maryland state, county, and local PTA units under Section 501(c)(3) of the Internal Revenue Code. As a result, donations to your PTA are tax-deductible. If you fail to complete the form, you jeopardize your non–profit status, and will be required to pay income tax on all profits.

DEADLINE: The deadline for filing—990-N, 990-EZ, 990, or Extension—is November 15, 4.5 months after the end of the PTA fiscal year (June 30). A copy of your filing must be sent to Free State PTA via email (soa@fspta.org) by December 15 or upload into GiveBacks.

TIP: Once your fiscal year has ended on June 30, don’t wait until November 15 to file the required paperwork. You can do it anytime after the fiscal year has ended.

IRS Form 990-N: Sign-in Process

Beginning August 2022, smaller charities that are eligible and choose to file Form 990-N, Electronic Notice for Tax-Exempt Organizations (e-Postcard), must sign into the IRS modernized authentication platform using either their active IRS username or create an account with ID.me, the current IRS credential service provider.

When accessing the Form 990-N submission page, Form 990-N filers have three options:

  1. Sign in with their active IRS username: Users with an active IRS username have the option to access the Form 990-N submission page using their existing IRS credentials or they can choose to create a new account with ID.me.
  2. Sign in with their existing ID.me account: Users that have an ID.me account to access other IRS online services or from a state or federal agency can sign in using their existing ID.me account.
  3. Create a new ID.me account: Users that don’t have an active IRS username credential must register and sign in with ID.me.

ID.me account creation requires an email address and multifactor authentication. Form 990-N filers who have an existing IRS username and register for an ID.me account must use the same email address.

You’ll need your EIN to file.

For Form 990-N filing instructions, see Publication 5248, Form 990-N Electronic Filing System User Guide (PDF).

The filing process has not changed for organizations that file Form 990, Return of Organization Exempt from Income Tax, or Form 990-EZ, Short Form Return of Organization Exempt From Income Tax.

If you need help, please contact us!

What to do if Your IRS990 Form is Rejected