Create your 1023 Application Form from scratch
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Here's how it works
01. Start with a blank 1023 Application Form
Open the blank document in the editor, set the document view, and add extra pages if applicable.
02. Add and configure fillable fields
Use the top toolbar to insert fields like text and signature boxes, radio buttons, checkboxes, and more. Assign users to fields.
03. Distribute your form
Share your 1023 Application Form in seconds via email or a link. You can also download it, export it, or print it out.
A detailed guide on how to build your 1023 Application Form online
Step 1: Start with DocHub's free trial.
Navigate to the DocHub website and register for the free trial. This gives you access to every feature you’ll require to build your 1023 Application Form without any upfront cost.
Step 2: Access your dashboard.
Sign in to your DocHub account and navigate to the dashboard.
Step 3: Initiate a new document.
Click New Document in your dashboard, and choose Create Blank Document to craft your 1023 Application Form from the ground up.
Step 4: Use editing tools.
Insert different elements such as text boxes, radio buttons, icons, signatures, etc. Arrange these elements to suit the layout of your document and designate them to recipients if needed.
Step 5: Organize the form layout.
Organize your document in seconds by adding, repositioning, removing, or merging pages with just a few clicks.
Step 6: Craft the 1023 Application Form template.
Turn your freshly crafted form into a template if you need to send multiple copies of the same document multiple times.
Step 7: Save, export, or distribute the form.
Send the form via email, distribute a public link, or even post it online if you wish to collect responses from more recipients.
Got questions?
We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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What happens if I use Form 1023-EZ and bring in more than $50,000?
In either case, your organization will be on the IRS radar, and it could lose its exempt status entirely. Remember too, you are signing the application under penalty of perjury. If you have any expectation of more than $50,000 in revenue, you would be far wiser to file the full Form 1023 now.
What is the highest compensated employee on Form 1023?
Form 1023 Part V asks questions about compensation and other financial arrangements with officers, directors, trustees, highest compensated employees (receiving more than $100,000 annually) and highest compensated independent contractors (receiving more than $100,000 annually), along with certain other related parties.
Can I file Form 1023 electronically?
Organizations must electronically file this form to apply for recognition of exemption from federal income tax under section 501(c)(3). Note. You may be eligible to file Form 1023-EZ, a streamlined version of the application for recognition of tax exemption.
How long does it take for IRS to approve 1023-EZ?
We issue 80% of Form 1023-EZ application determinations within 22 days. Note: Even if your Form 1023-EZ is complete, we may need more information. If your application requires more information or further review, well contact you by phone or by mail.
What are the limitations for 1023-EZ?
To be eligible to file for tax exemption with the 1023-EZ, organizations must have: Annual gross income of less than $50,000 for each of the three previous tax years; Projected annual income of less than $50,000 for each of the three subsequent years; and. Total assets of $250,000 or less.
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Related Q&A to 1023 Application Form
Does Form 1023 need to be filed every year?
Keep in mind that an organizations tax-exempt status isnt permanent. The IRS can revoke a nonprofits federal exemption status if, for example, it fails to provide the government with updated information (that it must submit annually) for three consecutive years.
What is the difference between a 1023 and 1023-EZ?
The key difference between the 1023 and 1023-EZ are the length of time each takes to complete, the target audience of each form, and the flexibility that each form provides. Since the 1023-EZ can only be filled out by organizations with less than $250,000 in total assets, the 1023-EZ is catered toward small nonprofits.
What is the 1023 form for 2024?
Form 1023 is an IRS form used to apply for recognition of tax-exempt status under section 501(c)(3) of the Internal Revenue Code. The form must be completed and filed by any organization seeking recognition as a tax-exempt charitable organization.
