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Schedule K-1 (Form 1120S) 2012 This list identifies the codes used on Schedule K-1 for all shareholders and instructions for your income tax return. Use these instructions to help you report the items shown on Schedule K-1 on your tax return. Your share of S corporation income isn't self-employment income Form 1040 - Schedule K-1 (Form 1120S) · From the Main Menu of the 1040 tax return form select Income menu, then rents, royalties, and entities, then select K-1 The passive activity limitations of IRC Section 469. Get the instructions for federal Schedule K‑1 (Form 1120-S), box 1 through box 3 for more information. Shareholder's Instructions for Schedule K-1. (Form 1120S). Shareholder's Share of Income, Deductions, Credits, etc. (For Shareholder's Use Only). IA 1120S/K-1 Instructions 42-005. Breadcrumb. Home · Forms. Form. IA1120SInst(42005)_0.pdf. Tax Type. Corporation Income Tax. Form Year. 2018. A Schedule K-1 document is prepared for each relevant individual (partner, shareholder, or beneficiary). A partnership then files Form 1065, the partnership tax
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