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 Tax Brief Form 990, Schedule L Transactions with 2023-2024

Schedule L 1120s 2023-2024 Form

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form 990 schedule L is used by non-profit organizations that file form 990 or 990ez to provide information on certain Financial transactions or Arrangements between the organization and disqualified persons under Section 4958 or other interested persons organizations that reported details about financial transactions or Arrangements between the organization in certain parts of their form 990 or 990ez must include schedule l schedule L includes five parts part one is for reporting the excess benefit transactions made to any disqualified persons the details may include their name the relationship between the disqualified person and the organization and more part two is for reporting the outstanding loans between the organization and interested persons at the end of the year this includes salary advances payments made pursuant to a split dollar life insurance Arrangement other advances and receivables part 3 is for reporting grants and other assistance offered to interested persons the de

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