Hi to all.
My question is about 990-EZ part IV List of officers in previous tax return: it shows on column (b) Average hours per week devoted to position is Zero. I reviewed 990-EZ instruction it can be zero if applicable. What does it mean if applicable?
If officer devoted few hours should have a W-2?
Thanks for help!
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Were there actual wages paid? The 990-EZs that I have done are all run by volunteers.. I show the # of hours worked, whcih is usualluy a small number, and I show zero for wages.
Also, as you know for under $250000 in 1120-S we can ignore for balance sheet how about 990-EZ?
Thanks for help!
As Susan says, it is there. Page one, at the bottom. And yes, it has to 'balance'.
Thanks@Jim-from-Ohio
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