How does an exempt organization change its accounting period while filing 990-T?
263 views | Last modified 1/6/2023 5:50:04 AM EST |

Applicable To
Form 990 Form 990-EZ Form 990-PF Form 990-N Form 8868 Form 990-T

When an organization wants to change its accounting period, it must file Form 990-T by the due date of the short tax period from which the accounting period is to be changed. A short tax period in a taxable year is a period that is less than 12 months.

If your exempt organization wants to change its accounting period, it must indicate it in its 990-T return or file Form 1128, Application To Adopt, Change, or Retain a Tax Year.

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