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» time limits on past year filings
neighborhood association EmptyThu Apr 19, 2012 10:34 pm by William D McConnaughy

» neighborhood association
neighborhood association EmptySat Apr 14, 2012 11:36 am by William D McConnaughy

» Claiming additional state tax on Federal Return
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neighborhood association

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neighborhood association Empty neighborhood association

Post  biggr Fri Apr 13, 2012 11:34 am

i am the president of a neighborhood association started in 2011.
we collected a total of $1,400.00 in dues and had expenses totaling approximately $600.00
do i need to file a federal return ?
we did obtain a federal tax id number

biggr

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Join date : 2012-04-13

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neighborhood association Empty Association filing requirement

Post  William D McConnaughy Sat Apr 14, 2012 11:36 am

No, there is no need to file a return for your association since your gross receipts for the year are less than $50,000. See Form 990-EZ instructions under who must file.
William D McConnaughy
William D McConnaughy
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