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In the IRS’s own words · not reviewed by VALID
CP120B notice explained, in the IRS’s own words
You are no longer recognized as a tax-exempt subordinate in a group exemption letter.
Read the full CP120B page on irs.gov ↗
What this notice is about
You are no longer recognized as a tax-exempt subordinate in a group exemption letter.
What you need to do
- If you believe you are a 501(c)(3) organization, you must submit Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, or, if eligible, Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, and pay the required user fee to be tax exempt.
- If you are an organization other than a 501(c)(3) or 501(c)(9) organization, you should continue to meet your annual filing requirements.
You may want to
Contact us if your address has changed.
Our organization is other than a 501(c)(3) or 501(c)(9) and we would like a formal determination letter. What should we do?
Submit Form 1024-A, Application for Recognition of Exemption Under Section 501(c)(4) of the Internal Revenue Code, if you would like to be recognized as a 501(c)(4) organization.
Submit Form 1024, Application for Recognition of Exemption Under Section 501(a), if you would like to be recognized under another subsection of 501(c).
Include Form 8718, User Fee Exempt Organization Determination Letter Request, and pay the applicable user fee with your application.
What to do next
- Write down the date on the letter today.
- Look the number up on irs.gov yourself. Don’t trust a link or phone number from anyone else.
- If it says you owe money or proposes changes to your return, take it to a licensed CPA, EA or tax attorney before that date.
Not advice. Not a filing. Verify with a licensed professional. Rules change by year and facts.