SECTION 4. ELECTIVE PAYMENT

ELECTION MAY BE MADE ON A PAPER-FILED FORM 990-T

.01 Scope . An applicable entity defined in section 6417(d)(1)(A) and §1.6417-1(c) is eligible for the relief provided in section 4.02 of this revenue procedure if the applicable entity (1) is eligible to file a Form 990-T to make an elective payment election; (2) is filing a Form 990-T to make an elective payment election for a taxable year ending on any day between, and including,

2 An applicable entity that already received an extension of time to file a Form 990-T from an original due date will continue to have that 6-month extended due date, and therefore does not need the relief provided in this section 3. Such applicable entity, however, may be eligible to paper file its Form 990-T as described in section 4 of this revenue procedure.

November 4, 2024 1098 Bulletin No. 2024–45

December 31, 2023 through November 30, 2024; and (3) meets all other requirements for making an elective payment election, including pre-filing registration as required by §1.6417-2(b)(2) and described in §1.6417-5.

.02 Paper-Filing Relief . An applicable entity described in section 4.01 of this revenue procedure may make an elective payment election on a paper-filed Form 990-T (along with any other relevant schedules and source credit forms necessary to make an elective payment election) if it complies with the procedures described in section 4.03 of this revenue procedure.

.03 Procedure for paper-filing Form 990-T . An applicable entity using the relief provided by section 4.02 of this revenue procedure must mail the paper Form 990-T (along with any other relevant schedules and forms) to Department of the Treasury, Internal Revenue Service Center, Ogden, UT 84201-0027 and notate “Paper Filed under Revenue Procedure 2024-39” at the top of the return.