Page 183 - BusinessStructures & Forms

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Index Fileid: … ons/i1120s/2022/a/xml/cycle05/source 15:45 - 27-Jan-2023

Gain, ordinary 14
A Gross receipts 14 Q
Accounting methods 5 I Qualified business income
Accounting period 6 deduction 40
Accumulated adjustments Income 14 Qualified opportunity funds 7
account 46 Income from oil and gas Qualified rehabilitation
Amended return 6 properties 35 expenditures 33
Amortization 16 Income, rental activities 26
Amount owed 22 Income, tax-exempt 36 R
Assembling return 4 Income, trade or business Recapture, low-income housing
activities 26 credit 38
B Installment sales 14 Recapture, section 179 deduction 38
Bad debt deduction 17 Interest deduction 18 Recordkeeping 6
Balance sheets–Sch. L 45 Interest due on tax payment 5 Reforestation 21, 32
Business startup expenses 16 Interest expense, investment 31 Regulations section 1.1411-10(g) 7
International transactions 34 Related party transactions 16
C Inventory 15 Rental activities, income and
expenses 26
Change in accounting method 6 Investment income and expenses 37 Rental deduction 17
Charitable contributions 30 L Return, amended 6
Cost of goods sold 14
Loans from shareholders 37 S
D Lobbying expenses,
nondeductible 20
Deductions 15, 30 Low-income housing credit 32 Salaries and wages 17
Sales 14
Deductions from oil and gas Low-income housing credit Schedule K-2 34
properties 35 recapture 38 Schedule K-3 34
Deductions, limitations on 15 Schedule L 45
Depletion 19 M Schedule M-1 46
Depletion (other than oil and gas) 35 Multiple activities–reporting Schedule M-2 46
Depreciation 19 requirements 25 Schedule M-3 13
Direct deposit of refund 2, 22 Section 1400Z-1 7
Distributions 47 N Section 1411 election with respect to
Distributions, property 37 CFCs and QEFs 7
Net investment income (code U) 39
E Net investment income tax reporting Section 179 expense 30
Section 199A information 40
requirements 12
Election, termination of 2 Section 263A rules 15
Electronic filing 3 O Section 59(e)(2) expenditures 31
Employee benefit programs 19 Officer compensation 17 Self-charged interest 10
Employer identification number Substitute Sch. K-1 23
(EIN) 13 P
Estimated tax payment 4, 22 T
Estimated tax penalty 22 Passive activities–rental 9 Tax issues, unresolved 2
Exception to filing Schedule K-2 34 Passive activities–reporting Taxes and licenses deduction 18
Expenses, nondeductible–Sch. K or requirements 11
K-1 36 Passive activity limitations 8 Taxes due 21
Extension of time to file 3 Penalties 5 Termination of S election 2
Pension, profit-sharing, etc., plans 19 Travel and entertainment
F Portfolio income 10, 26 deduction 20
Farming, special rules 16 PPP loan forgiveness 23, 29, 47 W
Final return 14 PPP reporting 36 When to file 3
Forgiveness of PPP loans 47 Preparer, tax return 4 Where to file 3
Forms and Publications, how to get 2 Private delivery services 3
Property distributions 37 Who must file 2
G Who must sign 3
Gain (loss), section 1231–Sch. K or
K-1 28

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