Where do I file Form 8871?
Form 8871 must be filed electronically at the IRS website, at /polorgs (IRS Keyword: political orgs).
Do I have to file Form 8871?
If an organization in fact has annual gross receipts of $25,000 or more for any taxable year, it must file Form 8871 within 30 days of receiving $25,000 in a single taxable year to continue to be tax-exempt.
What is an IRS 8871?
Purpose of Form Political organizations must use Form 8871 to notify the IRS that the organization is to be treated as a tax-exempt section 527 organization.
How do I amend Form 8871?
To Report a Material Change or Termination In general, an organization must file an amended Form organization’s mailing address, email address, custodian 8871 within 30 days after the occurrence of the material of records, and contact person as shown on Form 8871). change being reported.
Does a political campaign need to file a tax return?
Political parties; campaign committees for candidates for federal, state or local office; and political action committees are all political organizations subject to tax under IRC section 527. Section 527 organizations are generally required to file one or more of the following: An initial notice.
How do I get an EIN for a political campaign?
A political organization must have its own employer identification number (EIN), even if it does not have any employees. To get an EIN, an organization must file Form SS-4 PDF, Application for Employer Identification Number.
Does a political candidate need an EIN?
A political organization must have its own employer identification number (EIN), even if it does not have any employees. To get an EIN, an organization must file Form SS-4PDF, Application for Employer Identification Number.
Do political campaigns need an EIN?
Who Must File 8872?
Under section 527(j)(2), political organizations that accept contributions or make expenditures for an exempt function under section 527 (see Q&A-17) during a calendar year are required to file periodic reports on Form 8872, beginning with the first month or quarter in which they accept contributions or make …
How do I get a tax ID for a campaign?
The IRS uses this nine-digit number to identify taxpayers that are required to file various tax forms. A political organization can apply for an EIN by completing an online Form SS-4, Application for Employer Identification Number, or by calling the toll-free Business & Specialty Tax Line (800-829-4933).
What is Form 8871 initial notice?
Form 8871 initial notice To be exempt, a political organization must give notice electronically to the Service that it is a political organization described in Internal Revenue Code section 527, unless an exception applies.
How do I file Form 8871 for a political organization?
Form 8871 – Electronic Filing Required To notify the IRS that it is claiming tax-exempt status, the organization must file Form 8871, Political Organization Notice of Section 527 Status. Form 8871 must be filed electronically at the IRS website, at /polorgs (IRS Keyword: political orgs).
How long does it take to file Form 8871?
Form 8871 must be electronically filed within 24 hours of the date on which the organization was established. If the due date falls on a Saturday, Sunday, or legal holiday, the organization may file on the next business day. See Pub. 4216, Political Organization Filing and Disclosure, Filing Process User Guide, for more information. Note.
How do I file Form 8872 if my organization is exempt?
Qualified state or local political organizations (defined below) are exempt from filing Form 8872. If you are claiming this exemption for the organization, you must check the “Yes” box on line 10a and enter the state where the organization files its reports on line 10b.