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from Federal Form 1120S or 1065, Schedule K, line 1. reference found after each credit, or the instructions on pages I-7 of the 2016. For Paperwork Reduction Act Notice, see Instructions for Form 1120S. IRS.gov/form1120s. Cat. No. 11520D. Schedule K-1 (Form 1120S) 2016 5. 9a Check the appropriate box. See instructions. Name individual corporation trust. 6. partnership. Refer to the shareholder instructions you received for federal Schedule K-1 (Form 1120S) for information concerning your basis in corporate stock, elections to IRS Instructions for Schedule K-1 explain how to report your share of income, credits, deductions, and more. Whether you are a partner, member, S-Corp, IA 1120S/K-1 Instructions 42-005. Breadcrumb. Home · Forms. Form. 2016IA1120SInst(42005).pdf. Tax Type. Corporation Income Tax. Form Year. 2016.K. Refer to the instructions for federal Form. 1120S for further guidance. Note: Do not include any income that is tax- exempt on lines 1 through 5 or any to the federal Schedule K-1 (Form 1120S),. Shareholder's Share of Income, Deductions,. Credits, etc. For more information, get the. Schedule K Federal/State on Form 1120S and Schedule K-1. Don't enter “See Attached” or “Available Upon. Request” instead of completing the entry spaces. If more space is needed on

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