What are IRS tax-exempt forms?


Quick Answer

Eligible organizations use IRS tax-exempt forms to apply for tax-exempt status. The forms and accompanying instructions are available for download on IRS.gov. As stated on its website, the IRS grants tax-exempt status under three sections of the Internal Revenue Code: Section 501(c)(3), Section 501(a) and Section 521.

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Full Answer

Section 501(c)(3) applies to organizations who classify themselves as charitable, religious or educational organizations. The IRS reviews applications from all other nonprofit and tax-exempt organizations under Section 501(a). Farmers and fruit growers can apply for tax-exempt status as cooperatives under Section 521, notes the IRS. To maintain their tax-exempt status, organizations have to file annual returns with the IRS. Some organizations, such as churches, are excluded from this requirement.

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