Form 5768

Form 5768

A form that a 501(c)3 organization files with the IRS to claim (or revoke a claim to use) its right under the tax code to influence legislation. Ordinarily, 501(c)3 organizations are not permitted to try to influence legislation. However, if they file Form 5768 they will be permitted to do so without losing tax exempt status if they follow appropriate guidelines. An organization files this form to declare that it will start or stop trying to influence legislation.
References in periodicals archive ?
Filing the IRS Form 5768 means a nonprofit elects to fall under the 1976 Lobby Law, which clearly defines lobbying activities and spending limits.
He further points out that the H election law only requires nonprofits to keep a record of their spending and that taking the H election is easy, as Form 5768 can be downloaded from the Internal Revenue Service Web site (www.
The election is valid for all subsequent years, until the year in which Form 5768 is filed again to revoke the election.
Nearly all Section 501(c)(3) organizations are eligible to make the election by completing Form 5768.
Electing means filing the simple, one-page Form 5768.