What is Form 8868?
Form 8868 is used by tax-exempt organizations, non-profit entities, and charities to request an extension of time to submit their annual tax returns. This form is necessary for organizations that need more time to gather the required information to complete their tax documents accurately. By filling out Form 8868, these organizations can avoid penalties for late submission, ensuring they remain in good standing and maintain their tax-exempt status. It's important for organizations to submit this form if they're unable to meet the original filing deadline.
What is Form 8868 used for?
Form 8868 is essential for organizations seeking more time to submit their tax returns. Here's what it's used for:
- To request an automatic 6-month extension for filing Form 990, 990-EZ, 990-PF, or 990-BL.
- To apply for an extension to file Form 4720, 5227, 6069, or 8870.
How to fill out Form 8868?
- 1
Start by entering your organization's EIN (Employer Identification Number) in the designated field.
- 2
Fill in the organization's name and address accurately.
- 3
Specify the type of tax form you're requesting an extension for.
- 4
Indicate the tax year for the extension.
- 5
If applicable, calculate and enter the total tax liability estimated for the year.
- 6
Choose whether you're requesting an automatic 3-month extension or a specific non-automatic 6-month extension, if eligible.
- 7
After reviewing, click Done to download your completed form.
Who is required to fill out Form 8868?
Form 8868 is primarily filled out by tax-exempt organizations, non-profits, and charities seeking an extension on their tax return filing.
After submission, the IRS uses this form to process and grant filing extensions to these organizations.
When is Form 8868 not required?
Form 8868 is not required for individuals, including sole proprietors, who are not filing on behalf of a tax-exempt organization. This form is specifically for organizations seeking an extension on submitting their tax returns.
Organizations that have already filed their tax returns or do not have a filing requirement for the period in question also do not need to submit Form 8868.
When is Form 8868 due?
The deadline for Form 8868 is on the due date of the organization's tax return, typically April 15th for calendar year filers.
Form 8868 grants an automatic 6-month extension to file the tax return, not to pay any taxes owed. Ensure to submit it by the original due date of your return to avoid penalties.
How to get a blank Form 8868?
To get a blank Form 8868, simply visit our platform. We have a template of the form pre-loaded in our editor, ready for you to fill out. Remember, our website helps you fill out and download the form, but not submit it.
How to sign Form 8868 online?
To sign form 8868 online, start by visiting PDF Guru. After selecting the form, use the PDF editor to fill out your information.
Once completed, add your electronic signature in the designated area. Click 'Done' to proceed with downloading your signed form.
Where to file Form 8868?
Form 8868 can be submitted online, providing a convenient method for users. This digital submission speeds up the process.
Alternatively, it can also be sent through mail. This option suits those preferring a physical record.
