EFTA01221990.pdf

Schedule K-1 Schedule K-1 S Corporation 2017 (Form 1120S) Additional Information For Box 17, Code K and Sale of S Corporation Interest ► Keep for your records 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) (b) (d) (f) (9) (i) (1) Description Date Gross Cost or Depreciation Sec179 Disallowed acquired sales basis. plus allowed or deduction Sec 179 price improve- allowable deduction (c) ments Date (e) Expense (h) AMT (k) sold of sale Depreciation Real Prop. Total Gain (Loss) to be Reported on Form 4797 Regular MAT 1 Section 1231 gain or loss (entire year) 2 Ordinary gain or loss (entire year) Installment Sales to be Reported on Form 6252 (a) (c) (e) (9) (I) (k) (m) Description Date Gross Cost or Depreciation Section Principal acquired sales basis allowed or 179 Payments price armada expense (b) Double-click to (d) (f) Mortgage (h) Sale (J) AMT (I) Sec179 (k) link to Form 6252 Date sold Assumed Expense Depreciation Disallowed Real Prop. Part II Disposition of S Corporation Shares 1 If disposed of S corporation shares in 2017, 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 Regular Alternative Minimum Tax 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) EFTA01221990