The Internal Revenue Service has released instructions for filing the 2008 Form 990-EZ. The new form is mostly unchanged; however, it has been updated to include certain schedules from the new Form 990, which replace previously unstructured attachments.

The IRS released revised instructions to the Form 990-EZ, Short Form Return of Organization Exempt From Income Tax, to be used for the 2008 tax year. Form 990-EZ is mostly unchanged; however, it has been updated to include certain schedules from the new Form 990, which replace previously unstructured attachments. A three-page Background Paper - Form 990-EZ provides an overview of the 2008 form, schedules, and instructions.

In addition, filing thresholds for Form 990-EZ have been significantly increased for 2008 and later years to allow organizations time to adjust to the new Form 990. Organizations should review the filing thresholds to determine whether they will be eligible to file the Form 990-EZ, or must file the new Form 990, for 2008.

Additional information

• Background paper
  
• Filing threshold table/chart
  
• Revision of Form 990