Schedule K-1 is a form used to report the taxpayer's portion of the income from a partnership, S-corporation, estate or trust. These legal entities use a pass-through taxation, according to TurboTax. They shift the respo... More »

The Schedule K-1 tax form declares the amount of money passed from the entity that earned the income to the parties that have interest in the entity, and it also passes the tax liability to those parties, explains TurboT... More »

www.reference.com Business & Finance Taxes

The purpose of Schedule K-1 for firms such as The Blackstone Group L.P is to report a taxpayer's income from estates, credits or trusts as part of Form 1040, according to the Internal Revenue Service. Annual K-1 tax sche... More »

A Schedule K-1 is a tax form used to report a taxpayer's proportionate share of income from an entity, such as a partnership, an LLC, a trust or an estate, according to the IRS. The fiduciary uses a specific form for the... More »

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The purpose of Schedule K-1 for firms such as The Blackstone Group L.P is to report a taxpayer's income from estates, credits or trusts as part of Form 1040, according to the Internal Revenue Service. Annual K-1 tax sche... More »

As the fiduciary, file a 1041 Trust K-1 form when reporting income that a trust or estate generates, according to TurboTax. For each beneficiary, file form 1041 with the Internal Revenue Service detailing any credits or ... More »

The Schedule K-1 tax form declares the amount of money passed from the entity that earned the income to the parties that have interest in the entity, and it also passes the tax liability to those parties, explains TurboT... More »

www.reference.com Business & Finance Taxes