IRS - To File or Not To File
It's no longer a question!
All Units Must File a 990/990EZ
your local unit is required to file a 990/990ez with the IRS.
When does a PTA file
You must file by the 15th day of the 5th month after the organization’s accounting period ends.
Gross receipts are revenue BEFORE expenses are deducted. November 15th would be the deadline for those units that ended their fiscal accounting period on June 30th.
There are no State of Connecticut filing requirements.
What if a PTA does not file?
An organization that does not file, might incur a penalty of $20 a day not to exceed the smaller of $10,000 or 5% of gross receipts of that organization, unless they show reasonable cause.
How does a PTA request an extension?
File form 2758 to request an extension. Up to two 3-month extensions may be requested.
Visit the IRS Website
You can use the IRS web site to download forms, instructions, or publications. Web site addresses are
∞ www.irs.ustreas.gov
∞ www.irs.gov/charities/nonprofits
You can also call them at 1-800-829-1040
Please do not ignore any IRS correspondence!
Questions?
Feel free to contact the Connecticut PTSA office with any questions you may have regarding your unit's tax liability.