Former Compensation - Part VII, Section A, Line 3

Describe your idea. The more information you provide, the clearer picture of your idea we will have.

If a former officer, director, trustee, key employee, or highest compensated employee is reported in Part VII, Section A, Line 1a, then the question on Line 3 should automatically be checked yes.

How will this idea help you and potentially others? Understanding how things are done today, where the pain is, and how the idea is beneficial puts us in your shoes.

This was an item that was automatic in our prior software. Help the preparation and review stage.

Who will benefit from this idea? Whether it's specific roles of users, users of a specific product, or certain departments/markets, this helps us know who to talk to when we need more information.

Preparers and reviewers will ultimately benefit from this. Prevents mistakes from happening. Makes 990-EV more intuitive.

How do you envision this idea being implemented at K1x? You're the expert and understanding how you see this working helps kickstart the idea.

If a former officer, director, trustee, key employee, or highest compensated employe has been reported then Line 3 can be automatically checked within the software. Similar to the other asset and liability question in Part IV, Line 11.