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Form 1023-EZ

  1. Country USA
  2. Language English
  3. Activity Taxes
  4. Department Internal Revenue Service
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Form 1023-EZ

Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code

June 2014

This document provides instructions for completing and filing Form 1023-EZ, the streamlined application for tax-exempt status under IRS code section 501(c)(3) for organizations that meet certain eligibility requirements. The form must be filed electronically on Pay.gov and includes sections for providing organizational information, specific activities, foundation classification, and reinstatement after revocation.

Instructions

  • Form 1023-EZ Instructions - Instructions for Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code
FAQ
  • What does the 'Public & Societal Benefit' category include in the NTEE system?

    The 'Public & Societal Benefit' category includes organizations primarily engaged in providing public or societal benefit, such as public financing agencies, military and veterans’ organizations, and consumer protection organizations.

  • What does the 'Religion-Related' category include in the NTEE system?

    The 'Religion-Related' category includes organizations primarily engaged in religious activities, including churches, synagogues, mosques, temples, and other religious institutions.

  • What does the 'Human Services' category include in the NTEE system?

    The 'Human Services' category includes organizations primarily engaged in providing services to individuals or families in need, such as food banks, homeless shelters, disaster relief organizations, and counseling services.

  • What does the 'Education' category include in the NTEE system?

    The 'Education' category includes organizations primarily engaged in operating pre-schools, kindergartens, elementary and secondary schools, colleges, universities, professional schools, museums, libraries, and other educational institutions.

  • What are the six major categories of NTEE codes?

    The six major categories of NTEE codes are: Education, Human Services, Religion-Related, Mutual & Membership Benefit, Public & Societal Benefit, and Science & Technology.

  • What does the 'Science & Technology' category include in the NTEE system?

    The 'Science & Technology' category includes organizations primarily engaged in research, development, testing, or application of scientific principles. This includes organizations focused on physical and earth sciences, biological and life sciences, mathematics, engineering, computer science, and more.

  • What does the 'Mutual & Membership Benefit' category include in the NTEE system?

    The 'Mutual & Membership Benefit' category includes organizations that offer mutual or membership benefits to their members, such as labor unions, chamber of commerce, and insurance providers.

  • What is the National Taxonomy of Exempt Entities (NTEE) system?

    The National Taxonomy of Exempt Entities (NTEE) is a classification system developed by the Internal Revenue Service (IRS) to help categorize exempt organizations for tax-exempt status determination and data reporting purposes.

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ABOUT

Tax forms

Form 1023-EZ is one of Tax forms that are documents used to report income, deductions, and tax liability to the relevant tax authority. These forms are an essential part of the tax filing process and are used to ensure individuals and businesses comply with tax laws and accurately calculate their tax obligations.

The specific tax forms required can vary depending on factors such as an individual's filing status, sources of income, and the country's tax laws. However, here are some common types of tax forms:

Individual Income Tax Forms: These forms, such as the 1040 series in the United States, are used by individuals to report their income, claim deductions and credits, and calculate their tax liability.

Business Tax Forms: Businesses, including sole proprietorships, partnerships, corporations, and self-employed individuals, may have to file various forms to report their income, expenses, and taxes owed. Examples include Schedule C (Profit or Loss from Business) and Form 1120 (U.S. Corporation Income Tax Return).

Employment Tax Forms: Employers are required to report employee wages and withhold and remit payroll taxes. Forms such as W-2 (Wage and Tax Statement) and 941 (Employer's Quarterly Federal Tax Return) are used for this purpose.

Investment and Retirement Account Forms: These forms are used to report investment income, capital gains, and losses, as well as contributions and distributions from retirement accounts. Examples include Form 1099-DIV (Dividends and Distributions) and Form 5498 (IRA Contribution Information).

Estate and Gift Tax Forms: When a person passes away or makes significant gifts, specific forms such as Form 706 (United States Estate (and Generation-Skipping Transfer) Tax Return) and Form 709 (United States Gift (and Generation-Skipping Transfer) Tax Return) are used to report and calculate any applicable estate or gift taxes.

It is important to note that tax laws and forms can change over time, so individuals and businesses should consult the relevant tax authority or seek professional tax advice to ensure compliance with the current requirements.

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