Your PTA will need to file its federal taxes annually by November 15th:
- If your PTA has gross receipts of $50,000 or less, you can file a 990Nelectronically (https://www.irs.gov/charities-non-profits/annual-electronic-filing-requirement-for-small-exempt-organizations-form-990-n-e-postcard).
- If your PTA has gross receipts of $50,000 or more, you would need to file a Form 990EZor Form 990
- If your PTA’s gross revenues are less than $100,000 you can file for free.
NOTE: The IRS defines gross receipts as “the total amounts the organization received from all sources during its annual accounting period, without subtracting any costs or expenses.” Do not include membership dues or founders day contributions that are passed on to council and state in this number.
Once you have filed the 990N, 990EZ or 990, submit confirmation to the Florida PTA here.
NEED HELP? REACH OUT TO OCCPTA AT [email protected]
