Get Instructions For Form 1024 - High Plains Hockey League

The required user fee for Form 1024 will remain $600 for 2022. Applicants must pay the fee through Pay.gov when submitting the form. Payment can be made directly from a bank account or by credit or debit card.

Form 1024 must be submitted electronically through Pay.gov. You can access the most recent revision of the form at Pay.gov....To submit Form 1024, you must: Register for an account on Pay.gov. Enter “1024” in the search box and select Form 1024. Complete the form.

Form 1024-A requires applicants to provide somewhat greater detail than Form 1024. For example, Form 1024-A requires organizations to disclose family or business relationships or agreements with any officers, directors, trustees, employees, members, independent contractors, or any entity they own or control.

Organizations must electronically file this form to apply for recognition of exemption from federal income tax under section 501(c)(4).

The Form 1024-A instructions continue to note that application for recognition of exempt status under section 501(c)(4) is optional, and a 501(c)(4) entity may operate without seeking formal recognition of its status.

If you were created in a U. S. possession or territory, you must complete all required parts of Form 1024-A to apply for recognition of exempt status under section 501(c)(4).

Submitting the right tax-exemption application is critically important! More specifically, organizations other than public charities or private foundations need to file IRS Form 1024 or 1024-A, and now electronically, in order to obtain IRS determination letters.

Generally, if you file Form 1024 within 27 months after the month in which you were legally formed, and we approve your application, the effective date of recognition of your exempt status will be your legal date of formation.