Phase-in filing of new Form 990

To allow organizations time to adjust to the redesigned 990 series returns, the IRS is phasing in the new returns during a three-year transition period. Many more non-profits will be allowed to file Form 990-EZ during the phase-in period, according to irs.gov.

The new Form 990 series returns will be effective for 2008 tax years (returns filed beginning in 2009). During the transition, an organization’s annual filing requirement will depend on its financial activity. Churches continue to be exempt from filing Form 990. Sponsoring organizations of donor-advised funds and controlling organizations described in section 512(b)(13) must file Form 990 regardless of the amount of their gross receipts or assets. For other exempt organizations, the charts below indicate annual filing requirements during the transition period.

2007 Tax Year (Filed in 2008 or 2009) Form to File
Gross receipts normally ≤ $25,000 990-N
Gross receipts > $25,000 and < $100,000, and Total assets < $250,000 990-EZ or 990
Gross receipts ≥ $100,000, and/or Total assets ≥ $250,000 990

2008 Tax Year(Filed in 2009 or 2010) Form to File
Gross receipts normally ≤ $25,000 990-N
Gross receipts > $25,000 and < $ 1 million, and Total assets < $2.5 million 990-EZ or 990
Gross receipts ≥ $1 million, and/or Total assets ≥ $2.5 million 990

2009 Tax Year(Filed in 2010 or 2011) Form to File
Gross receipts normally ≤ $25,000 990-N
Gross receipts > $25,000 and < $500,000, and Total assets < $1.25 million 990-EZ or 990
Gross receipts ≥ $500,000, and/or Total assets ≥ $1.25 million 990

2010 Tax Year and later(Filed in 2011 and later) Form to File
Gross receipts normally ≤$50,000 990-N
Gross receipts > $50,000 and < $200,000, and Total assets < $500,000 990-EZ or 990
Gross receipts ≥ $200,000, and/or Total assets ≥ $500,000 990