Your association's tax return, handled.
HOA Tax Help prepares and files Form 1120-H, extensions and state returns for homeowners and condominium associations. Send us your year-end financials and we take it from there.
- Flat fee per association
- Management company portfolios welcome
- From the team behind HOA Fiscal
- Exempt function income ≥ 60%99%
- Spending on association property ≥ 90%98%
- Residential units ≥ 85%100%
| Dues & assessments not taxed | $412,300 |
| Interest income | $3,840 |
| Specific deduction | −$100 |
| Taxable income | $3,740 |
| Tax at 30% | $1,122 |
Sample figures for illustration
- Form 1120-H
- Form 7004 extensions
- State association returns
- Engagement letters
- Year-over-year records
Four steps, once a year
Most associations spend a few minutes with us. We handle the forms, the math and the deadlines.
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1
Send your year-end financials
Upload your income statement or P&L. We pull out dues, interest, rental income and expenses, then review every number.
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2
We prepare the return
We run the 1120-H qualification tests, apply every deduction you're entitled to and prepare any required state return.
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3
You review and sign
Your board gets a clear summary with the tax due or refund. Sign the return and send it back.
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4
Filed and on record
We track filing and keep your returns on file, so next year starts with last year's numbers already in place.
Everything your association files at tax time
Form 1120-H returns
The simplified federal return for homeowners associations, so dues and assessments stay untaxed and only investment and other non-member income is taxed.
Form 7004 extensions
Need more time? We file the automatic six-month extension and estimate any tax due so there are no late-payment surprises.
State returns
Some states require their own association return. We prepare it alongside your federal return, quoted up front.
Qualification check
Every year we confirm your association still meets the 60% income, 90% spending and 85% residential tests before choosing 1120-H.
Engagement letters
A clear letter for each association and year that spells out the scope and the flat fee before any work begins.
Portfolio filing
Management companies send one batch for every association they manage. We keep deadlines, letters and returns organized by company.
Built for volunteer boards and busy managers
Board treasurers & self-managed associations
You volunteered to keep the books, not to become a tax expert. We explain what's owed in plain language and make sure the return goes out on time.
- Plain-English summary for the board
- Due dates and extensions tracked for you
- Prior-year returns kept on file
Community management companies
Hand off every association in your portfolio at once. We track each fiscal year end, extension and signature so nothing slips.
- Returns and letters grouped by company
- Fiscal years that end in any month
- One packet of engagement letters per company
Prepare and e-file it yourself
We're building a guided, do-it-yourself version of HOA Tax Help. Board officers will be able to enter their association's numbers, see the 1120-H calculated as they go, and file directly with the IRS.
- Create your own account in minutes
- Step-by-step interview, no tax jargon
- File electronically with the IRS
Common questions
Does our association have to file a tax return?
Most homeowners and condominium associations must file a federal income tax return every year, even when they owe no tax. Many qualify for the simpler Form 1120-H, and we'll confirm whether yours does.
What is Form 1120-H?
A simplified return that qualifying associations can choose each year. Member dues and assessments are not taxed. Other income, such as bank interest or rent from non-members, is taxed at a flat 30% after a $100 specific deduction (32% for timeshare associations).
How do we know if we qualify?
In general, at least 60% of gross income must come from member dues, fees and assessments; at least 90% of spending must go to acquiring, building, managing and maintaining association property; and for condominium and residential associations at least 85% of units must be used as residences. We check all three for you.
When is the return due?
By the 15th day of the fourth month after your association's fiscal year ends: April 15 for calendar-year associations. Form 7004 gives an automatic six-month extension to file, but any tax owed is still due by the original date.
What do you need from us?
Your year-end income statement (P&L), your EIN and mailing address, and last year's return if we didn't prepare it. We'll follow up if anything is unclear.
What does it cost?
A flat fee per association, confirmed in your engagement letter before we start. Any state return is quoted separately. Management companies with several associations can ask us about portfolio pricing.
Ready to take this year's return off your plate?
Tell us your association's name and fiscal year end. We'll reply with an engagement letter that shows your flat fee.