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SCHEDULEK1FORM 20S INSTRUCTIONSInstructIons For the Preparation of Alabama Department of revenues through entity2018shareholders statement of Income and Deductions Part III Shareholders Share of Current

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What is form 20s?

Form 20s is a tax form used for reporting income earned from sources outside of regular employment.

Who is required to file form 20s?

Individuals who have income from sources such as rental properties, investments, or self-employment are required to file form 20s.

How to fill out form 20s?

Form 20s can be filled out manually or electronically using tax preparation software. Make sure to report all income accurately and attach any necessary documentation.

What is the purpose of form 20s?

The purpose of form 20s is to report additional sources of income that are not reported on regular income tax forms.

What information must be reported on form 20s?

Information such as income from rental properties, investments, self-employment, and any deductions related to these sources of income must be reported on form 20s.

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