Form 1023(redirected from 1023 Form)
A form that an organization files with the IRS to apply for tax exempt status under Section 501(c)3 of the Internal Revenue Code. Form 1023 generally is not necessary if the organization is a place of worship or if it has gross receipts for the tax year under $5,000.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved