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Defense Transportation Regulation Part IV Personal Property24 October 2014ATTACHMENT K1ITS YOUR MOVE ARMED FORCES MEMBERS October 2014IVK11Defense Transportation Regulation Part IV Personal Property24
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Attachment K-1 is a form used to report income, deductions, and credits from partnerships, S corporations, estates, and trusts.
Individuals who are partners in a partnership, shareholders in an S corporation, or beneficiaries of an estate or trust are required to file attachment K-1.
To fill out attachment K-1, you need to follow the instructions provided by the partnership, S corporation, estate, or trust that is issuing the form. You will need to report the income, deductions, and credits allocated to you.
The purpose of attachment K-1 is to report the share of income, deductions, and credits allocated to each partner, shareholder, or beneficiary from the partnership, S corporation, estate, or trust.
Information such as income, deductions, credits, and other tax-related items allocated to the partner, shareholder, or beneficiary must be reported on attachment K-1.
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