Form 8940
Forms

Form 8940: Request for Miscellaneous Determination

Organizations seeking a miscellaneous determination from the IRS must file Form 8940, which includes providing information about the organization’s past, present, and planned activities, and attaching documents such as a budget or amendments to its organizing document. Additionally, a user fee must be paid by Pay.gov when filing the form.

What is Form 8940?

Form 8940 is a form used to request a miscellaneous determination to determine if an organization qualifies for a number of tax exemptions and determination. It is important to note that social security numbers should not be entered on this form or any attachments because certain documents are required to be disclosed. Questions must always be answered completely and accurately, with financial data presented being consistent with other information in the form. Responses must be in English and all financial information provided must be in US dollars. Assistance is available from the IRS for help in completing Form 8940 and filing information can be found on the IRS website. User fees must be paid with the request and additional information must be provided if requested by the IRS. Upon submission, public documents may be open for inspection, and information returns must be filed, unless an exception is applicable.

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IRS Form 8940 – Who Needs to Fill It Out?

IRS [Form] 8940 needs to be filled out by organizations described in section 501(a), nonexempt charitable trusts, government entities, and foreign organizations. The law requires payment of a user fee with each request. All organizations must complete Parts I through IV, including any applicable schedules plus any required attachments. To submit Form 8940, you must register or have previously registered for an account on Pay.gov. Alternatively, an individual officially authorized to sign for the organization must digitally sign the Form 8940, with the title or authority of the signer and date accompanying.

Step-by-Step: Form 8940 Instructions For Filling Out the Document

Filling out Form 8940 requires providing certain information such as social security numbers and financial data. Responses should be made using a combination of past, present, and planned activities. All documents should be written in English and American currency should be used. A user fee must be paid in order to submit the form electronically online at Pay.gov. Authorized representatives can also be assigned according to Form 2848 or Form 8821. If additional information is needed after submission we will reach out or if filing is required while pending review, instructions can be found in the IRS publications. Documents must also be available for public inspection and foreign organizations must abide by specific rules and regulations.

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Below, we present a table that will help you understand how to fill out Form 8940.

Form 8940 Instructions
Filling out Form 8940 requires providing certain information such as social security numbers and financial data.
  • Provide responses using a combination of past, present, and planned activities.
  • All documents should be written in English and American currency used.
  • Pay the user fee for electronic submission at Pay.gov if applicable.
  • Understand the rules for authorized representatives, additional information, and filing while pending review.
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Do You Need to File Form 8940 Each Year?

Do You Need to File Form 8940 Each Year? Yes, you will need to file Form 8940 each year to request miscellaneous determinations under sections 507, 509(a), 4940, 4942, 4945, and 6033 for organizations described in section 501(a). Certain exceptions from the filing requirement may apply to filing an annual return or notice, and you can find information on return filing requirements and exceptions in the IRS’s publications 557 and 598. An officer, director, trustee, or other official who is authorized to sign for you must digitally sign Form 8940 at the end of Part IV. The signature must be accompanied by the title or authority of the signer and the date. As of April 3, 2023, the Form 8940 must be submitted electronically online at Pay.gov.

Official IRS Form 8940

Form 8940 must be electronically filed via Pay.gov. The latest version of the form can be found on Pay.gov.

To submit Form 8940, follow these steps:

  1. Register for an account on Pay.gov.
  2. Use the search function by entering “8940” and selecting Form 8940.
  3. Fill out the form accordingly.

Sources:

https://www.irs.gov/forms-pubs/about-form-8940

https://www.irs.gov/instructions/i8940

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