Exempt organizations that follow a calendar year-end should plan to file FTB Form 199 or FTB Form 199N by November 15 to avoid late fees and penalties.
Exempt organizations are required to file annual information returns by the 15th day of the fifth month following the close of their taxable year. For a calendar year organization, that date is May 15.
The FTB grants an automatic six-month extension to file a return if both of the following apply:
- The organization is not suspended on the original due date; and
- The organization’s return is filed on or before the extended due date.