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View Instructions Arizona Form120S Schedule K1Resident and Part Year Resident Shareholders Information Schedule2016For the calendar year 2016 or fiscal year beginning M D 2 0 1 6 and ending M D 2
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120s Schedule K-1 is a tax form used by S corporations to report each shareholder's share of the corporation's income, deductions, credits, etc.
S corporations are required to file 120s Schedule K-1 to report each shareholder's share of income, deductions, credits, etc.
Fill out 120s Schedule K-1 by entering each shareholder's share of income, deductions, credits, etc. accurately.
The purpose of 120s Schedule K-1 is to report each shareholder's share of income, deductions, credits, etc. from the S corporation.
Information such as shareholder's share of income, deductions, credits, etc. must be reported on 120s Schedule K-1.
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