Which of the following tax-exempt organizations would be required to file a form 990 or 990-EZ?
A) A charity with gross receipts of $25,000.
B) A church with gross receipts of $25,000.
C) Both (a) and (b).
D) Neither (a) nor (b).

Question

Which of the following tax-exempt organizations would be required to file a form 990 or 990-EZ?
A) A charity with gross receipts of > $25,000.
B) A church with gross receipts of > $25,000.
C) Both (a) and (b).
D) Neither (a) nor (b).

Quizplus · Accepted Answer

Charities with gross receipts over $25,000 are required to file Form 990 or 990-EZ. Churches, however, are generally exempt from filing these forms regardless of their gross receipts.

Which of the Following Tax-Exempt Organizations Would Be Required to File