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APPENDIX K: Emergency Preparedness and Response and COVID-19 Addendum Background: This standalone appendix may be utilized by the state during emergency situations to request amendments to its approved
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Appendix K is a form used in Mississippi for reporting information related to the calculation of income for tax purposes, specifically regarding partnerships and pass-through entities.
Appendix K must be filed by partnerships and limited liability companies (LLCs) that operate as pass-through entities in Mississippi.
To fill out Appendix K, taxpayers need to gather all relevant financial information about the partnership or LLC, including income, deductions, and credits, and complete the form according to the provided instructions specific to Mississippi tax regulations.
The purpose of Appendix K is to report the distributive share of income, deductions, and credits from pass-through entities to ensure accurate taxation at the partner or member level in Mississippi.
Information that must be reported on Appendix K includes the entity's income, each partner's share of income, deductions, and any credits according to their ownership percentage.
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