Items that are not entered directly into 1120-S may need to be reported elsewhere in the program. Please review the information below for instructions for the boxes not included in the program. Please be aware that several entries may not be supported by the program at all at this time.
Box 10 Click here to view the Shareholder's Instructions regarding Box 10
| Code |
Description |
Where to Place Item on Return |
|
A |
Other portfolio income (loss) |
See the Shareholder's Instructions (Several Situations) |
|
B |
Involuntary Conversions |
Federal Section > Deductions > Itemized Deductions > Less Common Deductions > Casualties and Losses |
|
C |
Sec. 1256 contracts & straddles |
Form 6781, line 1 (manual entry) Federal Section > Income > Other Income > Gains and Losses from Section 1256 (Form 6781) |
|
D |
Mining exploration costs recapture |
See Pub. 535 |
|
E |
Section 951A Income |
Program does not support the option to add this field |
|
H |
Other income (loss) |
See the Shareholder's Instructions (Several Situations) |
Box 12 Click here to view the Shareholder's Instructions regarding Box 12
|
Code |
Description |
Where to Place Item on Return |
|
C |
Noncash contributions (50%) |
See the Shareholder's Instructions |
|
D |
Noncash contributions (30%) |
Federal Section > Deductions > Itemized Deductions > Gifts to Charity > Noncash Contributions |
|
E |
Capital gain property to a 50% organization (30%) |
Federal Section > Deductions > Itemized Deductions > Gifts to Charity > Noncash Contributions |
|
F |
Capital gain property (20%) |
Federal Section > Deductions > Itemized Deductions > Gifts to Charity > Noncash Contributions |
|
L |
Deductions - portfolio (other) |
Schedule A, line 16 Federal Section > Deductions > Itemized Deductions > Miscellaneous Deductions > Add Additional |
|
M |
Pre-productive period expenses |
Program does not support the option to add this field |
|
N |
Reserved for Future Use |
Reserved for Future Use |
|
O |
Reforestation expense deduction |
Program does not support the option to add this field |
|
P-R |
Reserved for Future Use |
Reserved for Future Use |
|
S |
Other deductions |
See the Shareholders Instructions (Several Situations) |
Box 13 Click here to view the Shareholder's Instructions regarding Box 13
|
Code |
Description |
Where to Place Item on Return |
|
A |
Reserved for Future Use |
Reserved for Future Use |
|
B |
Reserved for Future Use |
Reserved for Future Use |
|
C |
Low-income housing credit (section 42(j)(5)) from post-2007 buildings |
Program does not support the option to add this field |
|
D |
Low-income housing credit (other) from post-2007 buildings |
Program does not support the option to add this field |
|
E |
Qualified rehabilitation expenditures (rental real estate) |
Program does not support the option to add this field |
|
F |
Other rental real estate credits |
Program does not support the option to add this field |
|
G |
Other rental credits |
Program does not support the option to add this field |
|
H |
Undistributed capital gains credit |
Schedule 3, line 13, box a (Unsupported), Reduces basis in stock by tax amount Program does not support the option to add this field |
|
I |
Biofuel producer credit |
Program does not support the option to add this field |
|
J |
Work opportunity credit |
Program does not support the option to add this field |
|
K |
Disabled access credit |
Program does not support the option to add this field |
|
L |
Empowerment zone employment credit |
Program does not support the option to add this field |
|
M |
Credit for increasing research activities |
Program does not support the option to add this field |
|
N |
Credit for employer social security and Medicare taxes |
Program does not support the option to add this field |
|
P |
Other credits |
See the Shareholder's Instructions (Several Situations- Not supported by program) |
Box 14 Click here to view the Shareholder's Instructions regarding Box 14
The program does not support the entries for Line 14 (Foreign Transactions). If you have amounts within this box, please refer to the IRS instructions for Form 1116, Foreign Tax Credit.
Box 15 Click here to view the Shareholder's Instructions regarding Box 15
|
Code |
Description |
Where to Place Item on Return |
|
D |
Oil, gas & geothermal - gross income |
Federal Section > Other Taxes > Alternative Minimum Tax |
|
E |
Oil, gas & geothermal - deductions |
Federal Section > Other Taxes > Alternative Minimum Tax |
|
F |
Other AMT items |
Federal Section > Other Taxes > Alternative Minimum Tax |
Box 16 Click here to view the Shareholder's Instructions regarding Box 16
| Code |
Description |
Where to Place Item on Return |
|
B |
Other tax-exempt income |
Do not include on your tax return (increases basis) |
|
C |
Nondeductible expenses |
Do not include on your tax return (decreases basis) |
|
D |
Distributions |
|
|
E |
Repayment of loans from shareholders |
|
|
F |
Foreign taxes paid or accrued |
Program does not support the option to add this field |
Box 17 Click here to view the Shareholder's Instructions regarding Box 17
|
C |
Qualified Rehabilitation Expenditures |
Federal Section > Deductions > Credits > Less Common Credits > Investment Credit (Form 3468) > Investment Credit > Part III Rehabilitation Credit |
|
D |
Basis of Energy Property | Federal Section > Deductions > Credits > Less Common Credits > Investment Credit (Form 3468) > Investment Credit > Part III Energy Credit |
|
E |
Recapture of Low-Income housing credit | Program does not support the option to add this field |
|
F |
Recapture of Low-Income housing credit | Program does not support the option to add this field |
|
G |
Recapture of investment credit |
Program does not support the option to add this field |
|
H |
Recapture of other credits |
Program does not support the option to add this field |
|
I |
Look-back interest -- completed long-term contracts |
Program does not support the option to add this field |
|
J |
Look-back interest -- income forecast method |
Program does not support the option to add this field |
|
K |
Dispositions of property with section 179 deductions |
Please refer to instructions for Box 17, Code K |
|
L |
Recapture of section 179 deduction |
Please refer to instructions for Box 17, Code L |
|
M |
Section 453(l)(3) Information |
Program does not support the option to add this field |
|
N |
Section 453(A)(c) Information |
Program does not support the option to add this field |
|
O |
Section 1260(b) Information |
Program does not support the option to add this field |
|
P |
Interest Allocable to Production Expenditures |
Program does not support the option to add this field |
|
Q |
CCF Nonqualified Withdrawals |
Program does not support the option to add this field |
|
R |
Depletion Information - Oil & Gas |
Program does not support the option to add this field |
|
S |
RESERVED |
Program does not support the option to add this field |
|
T |
Section 108(I) Information |
Program does not support the option to add this field |
|
U |
Net Investment Income |
Program does not support the option to add this field |
|
AC |
Gross receipts for section 448(c) |
Form 8990 Not Supported |
|
AD |
Other Information |
Form 8990 Not Supported |
Source: Schedule K-1 (Form 1120-S) Shareholder's Instructions