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2018 Shareholder's Instructions for Schedule K-1 (Form 1120S)

Shareholder’s Stock and Debt Basis to figure your aggregate stock and debt basis. 1. Basis is increased by (a) all income (including tax-exempt income) reported on Schedule K-1 and (b) the excess of the deduction for depletion (other than oil and gas depletion) over the basis of the property subject to depletion. You must report on your return

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Transcription of 2018 Shareholder's Instructions for Schedule K-1 (Form 1120S)

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