Form 990-EZ vs. Form 990-schedule J 2022-2023

So there are a couple places on the form 990 that these questions are asked so what justin is talking about with compensation studies are very relevant so the first place that that happens is on part six question 15 here they ask about the process for determining compensation for a couple of individuals so first you have your ceo your head of school your president of the school and then they ask about other officers and key employees of the organization and then they ask you to describe the process so they really want you to talk about what you did to determine that compensation back in schedule oh so we encourage clients that even if they don't have that full process that they go ahead and put that description back in schedule just so that the reader and the irs know that you are doing some kind of process to determine that compensation and then the other important piece i would say there is they also ask you about the date that it was last reviewed so that last polling question is really relevant because that is part of that process here and then in schedule j part one question three they ask specific items that you may have done to determine compensation and so they've got six of those items there all items that justin's kind of gone over previously those compensation committees looking at other 990s and approval by by the compensation committee and what i would point out here that's really relevant is you're answering this question kind of in two places if you meet certain compensation levels and so it's important that you review what you wrote in schedule a for that question 15 above and what boxes you check on question 3 for...