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Table of Contents.
Individuals who are shareholders in an S corporation should receive a Schedule K-1 (Form 1120S) reporting their share of the corporation’s income, deductions, credits, etc. This e-book shows you how to report the basic information from this schedule on an individual’s tax return and provides an understanding of limitations that might apply before you can report certain items, such as losses and distributions.
K-1s for 1120-S covers:
Level: Basic level
Author: NATP Staff
Publication Date: 2019
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