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Wichita Kansas Form 990-EZ: What You Should Know

W.G. Thomas, CPA. 990-MISC. June 30, 2021. (c) WICHITA COMMONWEALTH. All Rights Reserved. Mortgage Loans, etc. — Loans made for Personal, Family, or Household Purposes, to acquire or improve a dwelling. — Payments on Loans, etc — Interest is calculated on amounts paid during the term of the Loan. Interest is computed per period, or in the case of a Mortgage Loan, per month or month period. If interest payment is made at regular intervals of time, the amount is aggregated for the period under which the Loan was made. — Other — Income is recognized on Form 990-EZ to offset the income tax attributable to the year in which the income was reported. If this income was reported on a separate Schedule C, it may be presented in the Year ended, not less than 10 calendar days prior to the Form 990-EZ. (d) WICHITA STATE SCHOOLS.

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