HomeCampaign ManagerFEC Form 3 ComplianceForm 3 - Schedule C

22.18. Form 3 - Schedule C

Schedule C shows continuous reporting of all loans, whether from the Candidate, Bank, or other
Lending Institution. It is automatically created and filled out using the Loan Received and
Loan Made records completed for Line 13 and Line 19.

Schedule C is also automatically filled out for loans you make to other committees, for the Loan
Received and Loan Made records for Line 15 and Line 21.

NOTE: PER FEC SPECIFICATIONS, WHEN A LOAN MADE BY THE CANDIDATE IS FORGIVEN BY THE CANDIDATE, THE ONLY EVIDENCE OF THE FORGIVENESS ON THE REPORT IS THAT THE BALANCE OF THE LOAN BEING FORGIVEN GETS PAID DOWN ACCORDINGLY. NO SEPARATE TRANSACTION FOR THE FORGIVENESS WILL DISPLAY ON THE REPORT.

Knowledge Tags
Loans  /  Form 3  / 

Related Pages
This page was: Helpful | Not Helpful