Screen Notes - Notes and Bonds (990)

General Information

Type of note
Enter the code for the note. Parts of Schedule L, Part II use the screens that use
Code 1 = Note receivable - officer
or
Code 3 = Note payable - disqualified person
.
Relationship to organization
If the borrower or lender is not a disqualified person (codes
1
or
3
are not entered in
Type of note
), then use this field to describe the relationship to the organization.

Note Detail for Balance Sheet

Date of note or issue
If you enter code 5 in the
Type of note
box, and the date of issue is after December 31, 2002, additional data entry is necessary in the SchK screen if there is an outstanding balance greater than $100,000 at the end of the year.
Balance due or amount of issue outstanding: End of year
If you enter code 5 in the
Type of note
box, and the date of issue is after December 31, 2002, additional data entry is necessary in the SchK screen if there is an outstanding balance greater than $100,000 at the end of the year.
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