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What is Schedule K 1 Form Form 1120-s?
After filing Form 1120S, each shareholder is provided a Schedule K-1 by the corporation. The K-1 reflects a shareholder's share of income, deductions, credits and other items that the shareholder will need to report on their individual tax return (Form 1040).
How to Combine and Reorder in Schedule K 1 Form Form 1120-s
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