Answered: valid reasons for a late 990-EZ 2024 tax return by 4 months

charleslye · ‎09-23-2025

valid reasons for a late 990-EZ 2024 tax return by 4 months. I prepared the 990-EZ late because I thought it was already filed on May 15, 2025 for 2024. My client did not tell it was late but I should have know. I use Pro series basic for about 60 clients and use Pro series Professional for 5 clients. When I open the clients I have to use Professional for 1120-S, 1040-NR and 990-EZ but the 990-EZ did not show on the first screen so I missed it, all my fault. The penalty could be $3,000.

Can you suggest a valid reason for a Penalty abatement, if so thanks

[Email Removed]

IRonMaN · ‎09-23-2025

To lie to the IRS is never a good thing, so just be honest and tell them just what you posted here - the late filing is due to an oversight. If it is the first time that they have filed late, you might be lucky and receive a "get out of jail free" card from the IRS.

Slava Ukraini!

View solution in original post

IRonMaN · ‎09-23-2025

To lie to the IRS is never a good thing, so just be honest and tell them just what you posted here - the late filing is due to an oversight. If it is the first time that they have filed late, you might be lucky and receive a "get out of jail free" card from the IRS.

Slava Ukraini!

George4Tacks · ‎09-23-2025

Failure on the part of the tax professional engaged by the organization that exercised ordinary business care and prudence.

https://www.irs.gov/charities-non-profits/exempt-organizations-annual-reporting-requirements-filing-...

Answers are easy. Questions are hard!

valid reasons for a late 990-EZ 2024 tax return by 4 months

©1997-2025 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.