990 Schedule C

[RDennis]

Has anyone prepared the new Schedule C, Form 990, Part III-B re: non-deductible lobbying and political expenditures?

ATX has added line 1 and 2a and 2b to get to 2c. It would seem to me that 2c should equal the sum of 2a and 2b. Does that seem right?

Thanks,

Dennis

[Wayne Brasch]

Has anyone prepared the new Schedule C, Form 990, Part III-B re: non-deductible lobbying and political expenditures?

ATX has added line 1 and 2a and 2b to get to 2c. It would seem to me that 2c should equal the sum of 2a and 2b. Does that seem right?

Thanks,

Dennis

Dennis,

I think if you look at the instructions for Schedule C, Form 990, Part III-B here: http://www.irs.gov/pub/irs-pdf/i990sc.pdf that you'll see that ATX has done what the IRS instructions call for relative to this matter-however strange it may seem to be.

Wayne Brasch