Save time and effort completing form 1023 on your Android device
Tax section 501(c)(3) of Title 26 of the U.S. Code claims an exemption for corporations, trusts or unincorporated associations established for nonprofit purposes. IRS Form 1023 is the Application for Recognition of Exemption. You may be eligible to e-file this form if your organization is qualified as religious, scientific, educational, charitable, etc.
If you need to find out whether your firm has a right to apply for an exemption, it’s more advisable for you to complete IRS Form 1023-EZ (The Eligibility Worksheet) first. After approval, the IRS provides a letter with a written assurance of the organization’s tax-exempt status. This qualifies the entity to receive tax-deductible charitable contributions. Every entity, that is qualified for exemption may be also classified as a “public charity” or as a “private foundation”. Such organizations are not allowed to perform any activities for or against political candidates.
To avoid routine and time-consuming paperwork, use a free online tax management app available for your Android device. No registration is required.
File your return quickly and safely by using the following features:
✓ Type anywhere on the document;
✓ Use powerful tools to add checkmarks, lines or arrows;
✓ Date the document automatically;
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To complete your 1023 form in PDF you must insert the required information into the fillable fields:
✓ Organization data: date of creation, structure, country;
✓ Description of all activities;
✓ Employees and compensation;
✓ Members and individuals receiving benefits;
✓ Financial information;
✓ Related documents (articles, associations, agreements).
Note, that churches, including temples, synagogues and mosques are considered tax-exempt under section 501(c)(3) even if they don’t file a printable 1023 form. In addition, any foundation with gross receipts of no more than $5,000 per year do not need to submit this file.