Political Organization Filing Requirements: Penalties for Not Filing Form 1120-POL
What if the political organization fails to file Form 1120-POL?
A political organization that fails to file a required Form 1120-POL timely must pay an additional amount equal to 5 percent of the tax due for each month (or partial month) the return is late up to a maximum of 25 percent of the tax due, unless the organization shows that the failure was due to reasonable cause.
Page Last Reviewed or Updated: 2012-08-14
