Schedule K-1
Schedule K-1
(Form 1120S) Schedule K-1 S Corporation
Additional Information
For Box 17, Code K and Sale of S Corporation Interest
► Keep for your records 2018
Name(s) Shown on Return Social Security Number
S Corporation Name
Part I Disposition of Assets for which Section 179 Expense was Passed Through
Sales to be Reported on Form 4797
(a)
Description (b)
Date
acquired (d)
Gross
sales
price (f)
Cost or
basis. plus
improve-
ments (9)
Depreciation
allowed or
allowable (i)
Sec179
deduction (1)
Disallowed
Sec 179
deduction
(c)
Date
sold (e) Expense
of sale (h) AMT
Depreciation (k)
Real Prop.
Total Gain (Loss) to be Reported on Form 4797
1 Section 1231 gain or loss (entire year)
2 Ordinary gain or loss (entire year) Regular MAT
Installment Sales to be Reported on Form 6252
(a)
Description (c)
Date
acquired (e)
Gross
sales
price (9)
Cost or
basis (I)
Depreciation
allowed or
armada (k)
Section
179
expense (m)
Principal
Payments
(b) Double-click to
link to Form 6252 (d)
Date sold (f) Mortgage
Assumed (h) Sale
Expense (J) AMT
Depreciation (I) Sec179
Disallowed (k)
Real Prop.
Part II Disposition of S Corporation Shares
1 If disposed of S corporation shares in 2018, check one:
a Check if complete disposition in fully-taxable transaction (complete lines 2 through 9) ►
b Check if disposition other than sale (see help) ►
c Check if sold on installment basis (complete Form 6252, do not complete lines 2 through 9) ►
2 Date sold S corporation shares ►
3 Date acquired S Corporation shares ►
4 How acquired S Corporation shares
5 Sales price
6 Selling expenses
7 Basis of S Corporation shares
8 Gain (loss) on disposition
9 Short-term gain (loss)
10 Long-term gain (loss) Regular Alternative
Minimum Tax
EFTA01221991