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CFC shareholders that are classified as Category 2 and Category 3 filers must complete and attach Schedule O to their Form 5471.
The four most common 990 forms include: The full 990 form. 990-EZ. 990-N (e-Postcard) 990-PF.
Nonprofits with annual revenue of less than $200,000 and assets valued at less than $500,000 may file the Form 990-EZ, or may elect to file the Form 990. Nonprofits with annual revenue of $500,000 or more must file the Form 990.
Form 990-EZ can be filed by organizations with gross receipts of less than $200,000 and total assets of less than $500,000 at the end of their tax year. controlling organizations defined in section 512(b)(13) must file Form 990 rather than Form 990-EZ regardless of the amount of their gross receipts and total assets.
If an organization has gross receipts less than $200,000 and total assets at the end of the year less than $500,000, it can file Form 990-EZ, instead of Form 990.
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Form 990-EZ is annual information return filed by small-medium sized public charities and certain other nonprofits, at least as measured by gross revenue.
If an organization has gross receipts less than $200,000 and total assets at the end of the year less than $500,000, it can file Form 990-EZ, instead of Form 990.
Organizations with gross receipts $50,000 and $200,000 and total assets $500,000 must file Form 990-EZ or a complete Form 990. Organizations with gross receipts $200,000 or total assets $500,000 must file Form 990. Private foundations must file Form 990-PF.
Tax-exempt organizations, nonexempt charitable trusts, and section 527 political organizations file Form 990-EZ to provide the IRS with the information required by section 6033.
An organization eligible to submit Form 990-N can instead choose to file Form 990 or Form 990-EZ to satisfy its annual reporting requirement.

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