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2017 Shareholder's Instructions for Schedule K-1 ... - …

Userid: CPMS chema: instrxLeadpct: 98%Pt. size: 10 Draft Ok to PrintAH XSL/XMLF ileid: .. 120 SSCHK-1/2017/A/XML/Cycle05/source(Init. & Date) _____Page 1 of 20 13:23 - 25-Jan-2018 The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before 's Instructions for Schedule K-1(Form 1120S) Shareholder's Share of Income, Deductions, Credits, etc.(For Shareholder's Use Only)Department of the TreasuryInternal Revenue ServiceSection references are to the Internal Revenue Code unless otherwise DevelopmentsFor the latest information about developments related to Schedule K-1 (Form 1120S) and its Instructions , such as legislation enacted after they were published, go to s NewWe expanded the stock basis worksheet. The new worksheet will make it easier for you to figure the basis of your stock and debt in the corporation at the end of each corporate tax year. See the Worksheet for Figuring a Shareholder s Stock and Debt InstructionsPurpose of Schedule K-1 The corporation uses Schedule K-1 to report your share of the corporation's income, deductions, credits, and other items.

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