Reminder: Annual electronic filing requirement for small, exempt student organizations
October 6, 2021
Most small tax-exempt organizations whose annual gross receipts are normally $50,000 or less are required to submit Form 990-N electronically, also known as the e-Postcard. If they choose instead to file a complete Form 990 or Form 990-EZ, the e-Postcard is not necessary. For additional information, please see the IRS requirements for filing Form 990-N under “Who May File Form 990-N to Satisfy Their Annual Reporting Requirement.”
If your organization does not file an e-Postcard on time, the IRS will send you a reminder notice. There is no penalty assessment for late filing of the e-Postcard, but an organization that fails to file required e-Postcards (or information returns – Forms 990 or 990-EZ) for three consecutive years will automatically lose its tax-exempt status.
Revocation of the organization’s tax-exempt status will happen on the filing due date of the third consecutive year missed.
Due date of the e-Postcard
The e-Postcard is due every year by the 15th day of the 5th month after the close of your tax year. For example, if your tax year ended on December 31, the e-Postcard is due May 15 of the following year. If the due date falls on a Saturday, Sunday, or legal holiday, the due date is the next business day. You cannot file the e-Postcard until after your tax year ends.
If you have any questions, please contact the University Tax Department through email at firstname.lastname@example.org.