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04 February 2021

Coding for IRS Leave Reimbursement

Districts are receiving direct payments from the IRS for Leave Reimbursement. On the bottom of the check,
you will see a reference to F-941. This revenue should be coded to finance 174 with source 405.

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SMART Systems is owned, developed and supported by Regions I, II, III, IV and V, serving Minnesota school districts and other education related service agencies for more than 35 years