How many pages is Form 1023?
29 pages
As stated in another answer, IRS Form 1023 is 29 pages long, plus required schedules and attachments. While every organization does not have to complete every page, a typical application package is between 50-100 pages of material.
What is a 1023 letter?
Form 1023 is the application filed with the IRS in order to request exempt status under Section 501(c)(3). Upon approval, the organization will receive a determination letter from the IRS. The determination letter provides written assurance that the organization qualifies to receive tax-deductible contributions.
How much does a 1023 cost?
The user fee for Form 1023 is $600. The user fee for Form 1023-EZ is $275. The user fees must be paid through Pay.gov when the application is filed.
Can I file a 1023-EZ?
The IRS accepts only electronic filings for the 1023-EZ. To start, you must set up an account on pay.gov, which is where you will complete the form and submit the filing fee. Refer to your organizational documents, such as your articles of incorporation and your bylaws, to fill in the details about your nonprofit.
Can I file 1023 online?
Beginning January 31, 2020, applications for recognition of exemption on Form 1023 must be submitted electronically online at Pay.gov. The IRS will provide a 90-day grace period during which it will continue to accept paper versions of Form 1023 (Rev. 12-2017).
Who can file Form 1023?
Organizations that are organized and operated exclusively for religious, charitable, scientific, public safety, literary, or educational purposes, as well as organizations that foster national or international amateur sports competitions, or that prevent cruelty to children/animals can file Form 1023.
Can Form 1023 be filed electronically?
More In Forms and Instructions Organizations must electronically file this form to apply for recognition of exemption from federal income tax under section 501(c)(3). Note. You may be eligible to file Form 1023-EZ, a streamlined version of the application for recognition of tax exemption.
Do I qualify for 1023?
Basic Eligibility Requirements for the 1023-EZ gross income under $50,000 in the past 3 years. estimated gross income less than $50,00 for the next 3 years. fair market assets under $250,000. formed in the United States.