How does a non-profit corporation become tax-exempt?
Corporation that want to be recognized as exempt from federal income tax under IRC section 501(c)(3) must incorporate with their state by filing their articles of incorporation, file IRS Form SS-4 and obtain an Employer Identification Number, complete and file IRS Form 1023, The Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code and any additional Schedules of Form 1023 required based upon organization’s activities, and IRS Form 8821, Declaration of Representative.
Corporation that want to be recognized as exempt from federal income tax under IRC section 501(c)(3) must incorporate with their state by filing their articles of incorporation, file IRS Form SS-4 and obtain an Employer Identification Number, complete and file IRS Form 1023, The Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code and any additional Schedules of Form 1023 required based upon organization’s activities, and IRS Form 2848, Declaration of Representative.
Related Questions
- Can a Delaware Non-Stock/Non-Profit Corporation qualify as a tax-exempt charitable, religious, educational and scientific organization?
- Can a Florida Non-Profit Corporation qualify as a tax-exempt charitable, religious, educational and scientific organization?
- How Can a Non-Profit Corporation Apply for a Federal Tax-Exempt Status?
