E-Filing for Form 990-T and Form 1120-POL Temporarily Unavailable

Exempt organizations that file Form 990-T, Exempt Organization Business Income Tax Return and/or Form 1120-POL, U.S. Income Tax Return for Certain Political Organizations, with due dates between January 15th and March 15th will not be able to file electronically until March 17, 2024, due to system maintenance that the Internal Revenue Service is currently undergoing. 

Exempt organizations that have a filing requirement of Form 990-T during this period should request an extension by filing Form 8868, Application of Extension of Time to File an Exempt Organization Return, and pay any balance due prior to the return’s due date. Exempt organizations with a return due date during this period can request that any late-filing penalties be waived because of reasonable cause when electronically filing their Form 990-T beginning on March 17, 2024.  The reasonable cause request should state that the reason for the late filing is because the electronic filing was not available at the time that the return was due. 

Organizations whose Form 1120-POL is due during this period may paper-file this form. Organizations preferring to e-file this return can request an extension by filing Form 7004, Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns, and pay any balance due at that time. 

About Schneider Downs Tax Services

Schneider Downs’ tax advisors have experience and expertise in a wide range of industries, including Automotive, Construction, Real Estate, Manufacturing, Energy & Resources, Higher Education, Not-for-profits, Transportation and others. Our industry knowledge and focus ensure the delivery of technical tax strategies that can be implemented as practical business initiatives.  

To learn more, visit our dedicated Tax Services page. 

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Material discussed is meant for informational purposes only, and it is not to be construed as investment, tax, or legal advice. Please note that individual situations can vary. Therefore, this information should be relied upon when coordinated with individual professional advice.

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