How to enter information about loans on 990-EZ?
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Last modified 4/19/2024 3:56:47 AM EST |
If your organization has lent money to any officer, director, trustee, or key employee, or if any such loans were made in a previous year and are still unpaid at the end of the tax year, then mark them as Yes in Part V, line 38a.
If “Yes,” complete Schedule L, Part II, and enter the total amount.