Get Form 8871

Unless an exception applies (see Who Must File below), a tax-exempt section 527 political organization must file Form 8872 to report certain contributions received and expenditures made.

If an organization in fact has annual gross receipts of $25,000 or more for any taxable year, it must file Form 8871 within 30 days of receiving $25,000 in a single taxable year to continue to be tax-exempt.

A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527). A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.

The main difference between a 527 Committee and a 501c(4) Committee is that... A 501c(4) is not legally required to disclose where it gets its money, while a 527 is legally required to do so. Was declined by both major-party candidates. ... The rights of individuals to spend their own money is constitutionally protected.

Purpose of Form Political organizations must use Form 8871 to notify the IRS that the organization is to be treated as a tax-exempt section 527 organization. ... Political organizations must also use Form 8871 to notify the IRS of any material change in the information reported on a previously filed Form 8871.

The Section 527 Political Action Committee (527 PAC) in conjunction with Political Organization and Filing Disclosure (POFD) is an Internal Revenue Service (IRS) application controlled under the IRS TEGE Business Unit.

Form 8871 Notice of 527 Status To be tax-exempt, a political organization that expects to receive $25,000 or more in gross receipts in any taxable year must file Form 8871 with the IRS, unless it is required to report as a political committee to the FEC.