Exempt Organizations Reporting Requirements: Tax Year |
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How can I determine what my organization’s tax year is?
A tax year is usually 12 consecutive months. There are two kinds of tax years:
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Calendar Tax Year: This is a period of 12 consecutive months beginning January 1 and ending December 31; or
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Fiscal Tax Year: This is a period of 12 consecutive months ending on the last day of any month except December.
Generally, your tax year (or accounting period) can be found in the following documents:
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Your organization’s by-laws
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Your application for federal tax-exempt status (Form 1023 or Form 1024) or the determination letter you received approving your tax-exempt status
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The application, Form SS-4, your organization filed to obtain its employer identification number (EIN)
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A copy of a prior year return, Form 990 or 990-EZ, that you filed with the IRS
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Page Last Reviewed or Updated: April 27, 2009