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how do i need to know which not for profit return to file,

Answered by:Robin D
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Customer Question

how do i need to know which not for profit return to file, the form 990 or 990EZ. is there a gross receipts test to apply ? the not for profit i need to file for has in excess of $50K in receipts.

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State/Country relating to question: United States

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research that is very confusing.

Submitted: 372 days and 16 hours ago.

Category: Tax

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Expert: Robin D replied372 days and 14 hours ago.

Robin D :

Hello and thank you for using Just Answer
Here is a chart that should assist you in understanding which form to use

Tax Year 2010 exempt organization annual returns.">

2010 Tax Year and later (Filed in 2011 and later)	*Form to File*	*Instructions*
Gross receipts normally ≤ $50,000 Note: Organizations eligible to file the e-Postcard may choose to file a full return	990-N	n/a
Gross receipts < $200,000, and Total assets < $500,000	990-EZ or 990	Instructions
Gross receipts ≥ $200,000, or Total assets ≥ $500,000	990	Instructions
Private foundation	990-PF	Instructions

As your organization has greater than $50,000 you can use either the 990 or the 990EZ. If your organization's information is simple thern use the EZ, even if you could use the EZ and instead used the 990 it would not be incorrect. The 990 is considered the "long form". You can use either. Both require the Schedule A.

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Expert Type	Senior Tax Advisor 4
Category:	Tax
Pos. Feedback:	98.8 %
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Answered:	5/13/2012

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