Page 78 - Other Income for Individuals

S Corporation Income

Schedule K-1 (Form 1120-S).

 An S corporation must file a return on Form 1120-S, U.S. Income Tax
Return for an S Corporation, and send Schedule K-1 (Form 1120-S) to

each shareholder.
 In addition, the S corporation will send each shareholder a copy of
S the Shareholder's Instructions for Schedule K-1 (Form 1120-S) to

C help each shareholder report his or her share of the S corporation's
income, losses, credits, and deductions.
O

R

P

/!\ For more information on S corporations

and their shareholders, see the Instructions
for Form 1120-S. /!\

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