Tax insight

2024 Form 990 transitions to continuous-use format for certain schedules

Insight
5 minute read
October 28, 2025

What happened?

When comparing the 2024 Form 990, Return of Organization Exempt from Income Tax, to the 2023 Form 990, there are relatively few modifications other than minor stylistic changes and updated references to IRS guidance. Notable changes include:  

Certain schedules have transitioned to a “continuous-use format.” Starting in 2024, these schedules and their instructions will remain authoritative until a superseding revision is issued. Forms for these schedules no longer have an applicable year in the top right corner. Instead, each schedule following this format has a “revised” date indicating the most recent revision.  
This format marks a shift from previous years in which the IRS annually released a form and instructions for all schedules. Form 990, Parts I – XII (the “core form”), has not adopted the continuous-use format as of 2024. The core form continues to include the applicable year in the top right corner rather than a revision date. Not all schedules have transitioned to the continuous-use format. Schedules A, C, H, M, and N continue to have an annual release as of 2024.

PwC is pleased to make available our annotated versions of the 2024 Form 990 and accompanying schedules and instructions. The documents include PwC’s highlights and comments on key changes for 2024. The documents are searchable and include bookmarks to assist with navigation. 

Actions to consider 

Failure to timely file a complete and accurate Form 990 can have adverse impacts including penalties and loss of tax-exempt status. As a result, organizations should take steps designed to avoid nonconforming or incomplete responses on Form 990 that could result in additional IRS scrutiny.