To be taxexempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes. As of January 31, 2020, Form 1023 applications for recognition of exemption must be submitted electronically online at Pay.gov.In many cases, charitable donations are tax-deductible. When you donate to a qualifying organization, you can deduct the amount from your taxable income. To be granted tax-exempt status with the federal government, you will need to fill out Form 1023 with the IRS. Review IRS Publication 557, Tax-Exempt Status for Your Organization. 4. For most organizations, the tax year ends December 31 so the Form 990 is due May 15. 2 File Michigan Corporate Tax Exemption Renewals. To obtain recognition as a 501(c)(3), tax-exempt entity, Form 1023 must be filed with the Internal Revenue Service. Those chosen need to make a commitment to complete the filing of the Articles of.