Who has to file Form 990?
Tax-exempt political organizations whose annual gross receipts are $25,000 or more must file Form 990, unless excepted. Any organization excepted from the requirements to file a Form 8871 and any political organization that is a caucus or association or state or local officials are excepted from the Form 990 filing requirement. Qualified state or local political organizations are only required to file Form 990 if they have annual gross receipts of $100,000 or more.
CAUTION: The IRS is revising the annual returns for exempt organizations for the 2008 tax year (returns filed in 2009). The information on this page has not been updated for these changes. Click here for the latest information about the redesigned exempt organization return, 2008 Form 990, Return of Organization Exempt From Income Tax.
Updated: September 11, 2008
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