Enlarge image | 01 0000000000111111111122222222223333333333444444444455555555556666666666777777777788888 1234567890123456789012345678901234567890123456789012345678901234567890123456789012345 04 IT-20S/IT-65 Indiana Department of Revenue 05 2024 Schedule IN K-1 Shareholder’s/Partner’s Share of Indiana Adjusted Gross State Form 49181 06 (R24 / 8-24) Income, Deductions, Modifications, and Credits 07 08 Tax Year Beginning 99 99 2024 and Ending 99 99 9999 09 10 Name of S Corporation/Partnership Federal Employer Identification Number 11 12 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 9999999999 13 14 Distributions – Provide Schedule IN K-1 to each shareholder/partner. Enclose Schedule IN K-1 with Form IT-20S/IT-65 return. 15 16 Part 1 – Shareholder/Partner’s Identification Section 17 1. Shareholder/Partner Name 18 19 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Check if amended X 20 2. Shareholder/Partner FEIN or Social Security Number 3. Shareholder/Partner Federal Pro Rata Percentage 21 22 9999999999 999. 99 % 23 4. If the partner is a disregarded entity (DE), enter the partner’s: 24 a. Name b. FEIN 25 26 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 9999999999 27 5. What type of entity is the partner? 28 29 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 30 6. Shareholder/Partner State of Residence or Commercial Domicile 7. Indiana County of Principal Employment 2-digit code 31 32 XX XX 33 8. Payer’s Name 9. Payer’s FEIN 34 35 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX 9999999999 36 37 10. Pass Through Entity Tax_________________________________________________________ 10 99999999999.00 38 39 11. IN State Tax Withheld ___________________________________________________________ 11 99999999999.00 40 41 12. IN County Tax Withheld _________________________________________________________ 12 99999999999.00 42 43 44 Part 2 - Pro Rata Share of Indiana Pass-through Tax Credits from S Corporation/Partnership 45 46 Column A Column B Column C Column D 47 IT-20S/IT-65 FEIN Certification Certification/Project/PIN Tax Credit Column E 48 if Credit is from IN K-1 Year Number Code Amount Claimed 49 50 1. 9999999999 9999 9999999999999999 9999 99999999999 .00 51 52 2. 9999999999 9999 9999999999999999 9999 99999999999 .00 53 54 3. 9999999999 9999 9999999999999999 9999 99999999999 .00 55 56 4. 9999999999 9999 9999999999999999 9999 99999999999 .00 57 Pass-through entities with more than 24 IN K-1s must file electronically 58 59 60 61 62 *24100000000* 63 24100000000 64 65 66 |
Enlarge image | 01 0000000000111111111122222222223333333333444444444455555555556666666666777777777788888 1234567890123456789012345678901234567890123456789012345678901234567890123456789012345 04 05 Part 3 - Distributive Share Amount (use apportioned figures for nonresident shareholders/partners) 06 07 1. Ordinary business income (loss) __________________________________________________ 1 99999999999.00 08 09 2. Net rental real estate income (loss) ________________________________________________ 2 99999999999.00 10 11 3. Other net rental income (loss) ____________________________________________________ 3 99999999999.00 12 13 4. Guaranteed payments (for IT-65 filers only; if filing IT-20S, skip to line 5) ________________ 4 99999999999.00 14 15 5. Interest income ________________________________________________________________ 5 99999999999.00 16 17 6. Ordinary dividends _____________________________________________________________ 6 99999999999.00 18 19 7. Royalties _____________________________________________________________________ 7 99999999999.00 20 21 8. Net short-term capital gain (loss) __________________________________________________ 8 99999999999.00 22 23 9. Net long-term capital gain (loss) __________________________________________________ 9 99999999999.00 24 25 10. Net IRC Section 1231 gain (loss) __________________________________________________ 10 99999999999.00 26 27 11. Other income (loss) ____________________________________________________________ 11 99999999999.00 28 29 12. IRC Section 179 expense deduction _______________________________________________ 12 99999999999.00 30 31 13. a. Portion of expenses related to investment portfolio income, including investment interest 32 expense and other (federal nonitemized) deductions (see instructions) __________________ 13a 99999999999.00 33 34 13. b. Other information from line 20 of federal K-1 related to investment interest and expenses not 35 listed elsewhere (see instructions) _______________________________________________ 13b 99999999999.00 36 14. Total pro rata distributions. Add all positive amounts on lines 1 through 11. See instructions 37 for lines 12, 13a, 13b, and if you reported negative amounts on lines 1 through 11. ___________ 14 99999999999.00 38 39 Part 4 - State Modifications Add or subtract the following. Designate the distributive share amount of each modification for Indiana 40 adjusted gross income from line 2 on the front of Form IT-20S/IT-65. For nonresidents, apply apportioned figures. (Use a minus sign to 41 denote negative amounts.) 42 1. State income taxes deducted _____________________________________________________ 1 99999999999.00 43 44 2. Net bonus depreciation allowance _________________________________________________ 2 99999999999.00 45 46 3. Excess IRC Section 179 deduction ________________________________________________ 3 99999999999.00 47 48 4. Interest on U.S. obligations ______________________________________________________ 4 99999999999.00 49 50 5. Addback/Deduction __________________________________________Code No. 5999 99999999999.00 51 52 6. Addback/Deduction __________________________________________Code No. 6999 99999999999.00 53 54 7. Addback/Deduction __________________________________________ Code No. 999 7 99999999999.00 55 56 8. Total distributive share of modifications (see instructions) _______________________________ 8 99999999999.00 57 58 9. Add Part 3, line 14, to Part 4, line 8. See instructions for reporting on Schedule PTET, 59 Schedule Composite, and/or Schedule Composite-COR. ___________ Adjusted Gross Income 9 99999999999.00 60 61 62 *24100000000* 63 24100000000 64 65 66 |