IRS Revises Form 1024 to Allow Electronic Submission

The IRS has revised Form 1024, Application for Recognition of Exemption Under Section 501(a), and its instructions to allow electronic filing for the first time. This development is the part of an ongoing effort to improve service for the tax-exempt community.

Further, the Service is expecting the electronic filing to be available early in 2022, at which point taxpayers must submit their applications for recognition of exemption on Form 1024 electronically, online at www.pay.gov. The IRS will also provide a grace period to the taxpayers during which it will continue to accept paper versions of Form 1024.