Home
Forms Library
(b) Relationship between disqualified person and

(b) Relationship between disqualified person and 2025

(b) Relationship between disqualified person and Preview on Page 1

Show details

4.6 out of 5

58 votes

Schedule L (Form 990 or 990-EZ) is a document required by the IRS for certain tax-exempt organizations to report transactions with interested persons, including excess benefit transactions, loans, grants, and business transactions. It aims to ensure transparency and compliance with tax regulations regarding relationships between the organization and disqualified individuals.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to modify (b) Relationship between disqualified person and in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling documents with our comprehensive and user-friendly PDF editor is straightforward. Adhere to the instructions below to complete (b) Relationship between disqualified person and online quickly and easily:

Sign in to your account. Log in with your credentials or register a free account to try the service prior to choosing the subscription.
Import a document. Drag and drop the file from your device or add it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit (b) Relationship between disqualified person and. Quickly add and underline text, insert pictures, checkmarks, and symbols, drop new fillable areas, and rearrange or delete pages from your document.
Get the (b) Relationship between disqualified person and accomplished. Download your updated document, export it to the cloud, print it from the editor, or share it with others via a Shareable link or as an email attachment.

Benefit from DocHub, the most straightforward editor to promptly manage your paperwork online!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What does it mean to be a disqualified person?

A disqualified person is any person who was in a position to exercise substantial influence over the affairs of the applicable tax-exempt organization at any time during the lookback period. It is not necessary that the person actually exercise substantial influence, only that the person be in a position to do so.

What does it mean to be disqualified?

/dɪˈskwɑː.lə.faɪ/ C2. to stop someone from being in a competition or doing something because they are unsuitable or they have done something wrong: be disqualified from Two top athletes have been disqualified from the championship after positive drug tests.

Who is a disqualified person for the public support test?

For purposes of the 509(a)(2) test, disqualified persons are defined as: Substantial contributors those who donate more than 2 percent of the organizations total donations from its creation through the close of the tax year in which the contribution is received, if such amount is more than $5,000.

What is a disqualified person in an IRA?

Disqualified persons include the IRA owners fiduciary and members of his or her family (spouse, ancestor, lineal descendant, and any spouse of a lineal descendant). The following are examples of possible prohibited transactions with an IRA.

What is a disqualified person in the IRS?

(1) A person is a disqualified person if they own more than 20% of the total combined voting power of a corporation, the profits interest of a partnership, or the beneficial interest of a trust or unincorporated enterprise, which is a substantial contributor to the foundation in question.

Who is a disqualified person for self-dealing?

SELF DEALING (IRC SECTION 4941) Disqualified persons are defined as: Trustees or Directors; Officers; Foundation managers with similar powers to officers, trustees and directors (such as an Executive Director);

Who is a disqualified person for Schedule A?

Disqualified persons includes both organization insiders such as officers and directors and substantial contributors. A full definition of this term is included in the glossary of terms in the Form 990 instructions.

(b) Relationship between disqualified person and 2025

Here's how it works

How to modify (b) Relationship between disqualified person and in PDF format online

Complete this form in 5 minutes or less

Got questions?

What does it mean to be a disqualified person?

What does it mean to be disqualified?

Who is a disqualified person for the public support test?

What is a disqualified person in an IRA?

What is a disqualified person in the IRS?

People also ask

Who is a disqualified person for self-dealing?

Who is a disqualified person for Schedule A?

Related links

Try more PDF tools

(b) Relationship between disqualified person and 2025

Here's how it works

How to modify (b) Relationship between disqualified person and in PDF format online

Complete this form in 5 minutes or less

Got questions?

What does it mean to be a disqualified person?

What does it mean to be disqualified?

Who is a disqualified person for the public support test?

What is a disqualified person in an IRA?

What is a disqualified person in the IRS?

Related Searches

People also ask

Who is a disqualified person for self-dealing?

Who is a disqualified person for Schedule A?

Related links

Try more PDF tools