The local Kennel Club is a not-for-profit organization with gross receipts of $23,500 for the current tax year. Under the Internal Revenue Service Code, the Kennel Club would be required to file which of the following forms for the tax year?
A) Form 990-N.
B) Form 990-EZ.
C) Form 990-PF.
D) Since its gross receipts are less than $25,000 it need not file with the Internal Revenue Service.

Question

Quizplus · Accepted Answer

According to the IRS, non-profit organizations with gross receipts under $50,000 are required to file Form 990-N, also known as the e-Postcard. Since the Kennel Club's gross receipts are under $50,000, it would be required to file Form 990-N.

The Local Kennel Club Is a Not-For-Profit Organization with Gross