OMB No. 1545-0123
SCHEDULE K-2                                   Shareholders’ Pro Rata Share Items—International
(Form 1120-S)
                                                                                   Attach to Form 1120-S. 
Department of the Treasury                               Go to www.irs.gov/Form1120S for instructions and the latest information.                                                2023
Internal Revenue Service 
Name of corporation                                                                                                                                                 Employer identification number (EIN)

A Check to indicate the parts of Schedule K-2 that apply.
                                                                                                                                                                                            Yes       No
  1     Does Part I apply? If “Yes,” complete and attach Part I .    .   . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    1
  2     Does Part II apply? If “Yes,” complete and attach Part II    .   . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    2
  3     Does Part III apply? If “Yes,” complete and attach Part III  .   . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    3
  4     Does Part IV apply? If “Yes,” complete and attach Part IV  .     . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    4
  5     Does Part V apply? If “Yes,” complete and attach Part V  .       . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    5
  6     Does Part VI apply? If “Yes,” complete and attach Part VI  .     . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    6
  7     Does Part VII apply? If “Yes,” complete and attach Part VII      . . .   . .    . . .   . . .   . . . .        . . .     . . .   . . .           .  . .   . .  .      .  . .    7
Part I  Corporation’s Other Current Year International Information
Check box(es) for additional specified attachments. See instructions.
    1. Gain on personal property sale              5. High-taxed income                                 8. Form 5471 information                         11. Entity treatment for certain S corporations
    2. Foreign oil and gas taxes                   6. Section 267A disallowed deduction                 9. Other forms                                   12. Reserved for future use
                                                                                                                                                ✣❈❅❃❋ ✢❏❘
    3. Splitter arrangements                       7. Form 8858 information                         10. Shareholder loan transactions                    13. Other international items  
    4. Foreign tax translation                                                                                                                              (attach description and statement)
Part II Foreign Tax Credit Limitation
Section 1—Gross Income
                                                                                                  Foreign Source
                    Description            (a) U.S.     source       (b) Foreign branch     (c) Passive     (d) General               (e) Other               (f) Sourced     by        (g) Total     
                                                                                                                                                              shareholder
                                                                     category income      category income category income        (category code            )
1 Sales
A
B
C
2 Gross income from performance of services
A
B
C
3 Gross rental real estate income
A
B
C
4 Other gross rental income
A
B
C
For Paperwork Reduction Act Notice, see the Instructions for Form 1120-S.                                   Cat. No. 73973Q                                           Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                     Page 2 
Name of corporation                                                                                                                         EIN

Part II      Foreign Tax Credit Limitation (continued)
Section 1—Gross Income (continued)
                                                                                 Foreign Source
                    Description        (a) U.S.     source(b) Foreign branch (c) Passive     (d) General     (e) Other                  (f) Sourced     by (g) Total     
                                                                                                                                        shareholder
                                                          category income    category income category income (category code            )
5  Reserved for future use .    . . . .
6  Interest income
A
B
C
7  Ordinary dividends (exclude amount 
   on line 8)
A
B
C
8  Qualified dividends
A
B
C
9  Reserved for future use .    . . . .
10 Royalties and license fees
A
B
C
11 Net short-term capital gain
A
B
C
12 Net long-term capital gain
A
B
C
13 Collectibles (28%) gain
A
B
C
14 Unrecaptured section 1250 gain
A
B
C
                                                                                                                                            Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                      Page 3 
Name of corporation                                                                                                                          EIN

Part II Foreign Tax Credit Limitation (continued)
Section 1—Gross Income (continued)
                                                                                  Foreign Source
                    Description         (a) U.S.     source(b) Foreign branch (c) Passive     (d) General     (e) Other                  (f) Sourced     by (g) Total     
                                                                                                                                         shareholder
                                                           category income    category income category income (category code            )
15 Net section 1231 gain
A
B
C
16 Section 986(c) gain  .  .    . . . .
17 Section 987 gain . .    .    . . . .
18 Section 988 gain . .    .    . . . .
19 Section 951(a) inclusions
A
B
C
20 Other income (see instructions)
A
B
C
21 Section 951A(a) inclusions (see 
   instructions)  . . .    .    . . . .
22 Reserved for future use
A
B
C
23 Reserved for future use
A
B
C
24  Total gross income (combine lines 1 
   through 23)  .   . .    .    . . . .
A
B
C
                                                                                                                                             Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                            Page 4 
Name of corporation                                                                                                                                EIN

Part II       Foreign Tax Credit Limitation (continued)
Section 2—Deductions
                                                                                        Foreign Source
                    Description               (a) U.S.     source(b) Foreign branch (c) Passive     (d) General     (e) Other                  (f) Sourced     by (g) Total     
                                                                                                                                               shareholder
                                                                 category income    category income category income (category code            )
25 Expenses allocable to sales income  .
26 Expenses allocable to gross income 
   from performance of services  .   .  .
27 Net short-term capital loss .   . .  .
28 Net long-term capital loss  .   . .  .
29 Collectibles loss  . .    .  .  . .  .
30 Net section 1231 loss  .     .  . .  .
31 Other losses  .    . .    .  .  . .  .
32 Research & experimental (R&E) expenses
A  SIC code:
B  SIC code:
C  SIC code:
33 Allocable rental expenses—
   depreciation, depletion, and amortization  
34 Allocable rental expenses—other than 
   depreciation, depletion, and amortization  
35 Allocable royalty and licensing 
   expenses—depreciation, depletion, 
   and amortization .   .    .  .  . .  .
36 Allocable royalty and licensing 
   expenses—other than depreciation, 
   depletion, and amortization     . .  .
37 Depreciation not included on line 33 
   or line 35  .    . . .    .  .  . .  .
38 Charitable contributions     .  . .  .
39 Interest expense specifically allocable 
   under Regulations section 1.861-10(e)  
40 Other interest expense specifically 
   allocable under Regulations section 
   1.861-10T        . . .    .  .  . .  .
41 Other interest expense—business      .
42 Other interest expense—investment  .
43 Other interest expense—passive activity
44 Section 59(e)(2) expenditures, 
   excluding R&E expenses on line 32  .
45 Foreign taxes not creditable but 
   deductible       . . .    .  .  . .  .
                                                                                                                                                   Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                                                 Page 5 
Name of corporation                                                                                                                                                 EIN

Part II      Foreign Tax Credit Limitation (continued)
Section 2—Deductions (continued)
                                                                                                  Foreign Source
                    Description                 (a) U.S.     source  (b) Foreign branch     (c) Passive        (d) General          (e) Other                 (f) Sourced     by (g) Total     
                                                                                                                                                              shareholder
                                                                     category income      category income      category income (category code            )
46 Section 986(c) loss  .       . . .   . .
47 Section 987 loss .      .    . . .   . .
48 Section 988 loss .      .    . . .   . .
49 Other allocable deductions (see 
   instructions)  .      . .    . . .   . .
50 Other apportioned share of 
   deductions (see instructions)  .     . .
51 Reserved for future use .      . .   . .
52 Reserved for future use .      . .   . .
53 Reserved for future use .      . .   . .
54  Total deductions (combine lines 25 
   through 53)  .        . .    . . .   . .
55 Net income (loss) (subtract line 54 
   from line 24)  .      . .    . . .   . .
Part III     Other Information for Preparation of Form 1116 
Section 1—R&E Expenses Apportionment Factors
                                                                                            Foreign Source
                                                                                                                                 (e) Other
                                                                                                                                                            shareholder
         Description                (a) U.S. source     (b) Foreign branch         (c) Passive            (d) General     (category code      )           (f) Sourced     by     (g) Total      
                                                             category income     category income        category income
                                                                                                                          (country code       )
1  Gross receipts by SIC code
A  SIC code:
B  SIC code:
C  SIC code:
D  SIC code: 
E  SIC code: 
F  SIC code:
2  Exclusive apportionment with respect to total R&E expenses entered on Part II, line 32. Enter the following.
A  R&E expense with respect to activity performed in the United States
   (i)   SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   .       2A(i)
   (ii)  SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   . 2A(ii)
   (iii) SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   . 2A(iii)
B  R&E expense with respect to activity performed outside the United States
   (i)   SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   .       2B(i)
   (ii)  SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   . 2B(ii)
   (iii) SIC code:                      . .  .  .   . .      . .   . .   . . .   . .    . . .   . . .   . .    . .    . .  .   . .  .   . . .   .         .   .   . 2B(iii)
                                                                                                                                                                          Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                Page 6 
Name of corporation                                                                                                               EIN

Part III   Other Information for Preparation of Form 1116 (continued)
Section 2—Interest Expense Apportionment Factors
                                                                                  Foreign Source
                                                                                                             (e) Other
                                                                                                                              shareholder
                    Description            (a) U.S. source (b) Foreign branch (c) Passive     (d) General    (category code ) (f) Sourced     by (g) Total     
                                                           category income    category income category income
                                                                                                             (country code  )
1  Total average value of assets  .   .   .
2  Reserved for future use .    . .   .   .
3  Assets attracting directly allocable 
   interest expense under Regulations 
   section 1.861-10(e)  .    .  . .   .   .
4  Other assets attracting directly 
   allocable interest expense under 
   Regulations section 1.861-10T      .   .
5  Assets excluded from apportionment 
   formula .        . . .    .  . .   .   .
6a Total assets used for apportionment 
   (subtract the sum of lines 3, 4, and 5 
   from the sum of lines 1 and 2)  .  .   .
b  Assets attracting business interest 
   expense  .       . . .    .  . .   .   .
c  Assets attracting investment interest 
   expense  .       . . .    .  . .   .   .
d  Assets attracting passive activity 
   interest expense  .  .    .  . .   .   .
7  Basis in stock of 10%-owned 
   noncontrolled foreign corporations 
   (see attachment) .   .    .  . .   .   .
8  Basis in stock of CFCs (see attachment)
                                                                                                                                  Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                              Page 7 
Name of corporation                                                                                            EIN

Part III   Other Information for Preparation of Form 1116 (continued)
Section 3—Foreign Taxes
                                                                     (b) Section 951A category income      (c) Foreign branch category income
                                     
                        Description               (a) Type     of taxU.S. Foreign                     U.S.     Foreign                       Shareholder
1 Direct (section 901 or 
  903) foreign taxes:           Paid     Accrued
A
B
C
D
E
F
2 Reduction of taxes (total)
A Taxes on foreign mineral income  .     . .  .  .
B Reserved for future use .     .    . . . .  .  .
C International boycott provisions  .    . .  .  .
D Failure-to-file penalties  .  .    . . . .  .  .
E Taxes with respect to splitter arrangements  . .
F Taxes on foreign corporate distributions  . .  .
G Other  . .        . . . .     .    . . . .  .  .
3 Foreign tax redeterminations
A 
  Related tax year: 
  Date tax paid: 
  Contested tax       . . .     .    . . . .  .
B 
  Related tax year: 
  Date tax paid: 
  Contested tax       . . .     .    . . . .  .
C 
  Related tax year: 
  Date tax paid: 
  Contested tax       . . .     .    . . . .  .
4 Reserved for future use .     .    . . . .  .  .
5 Reserved for future use .     .    . . . .  .  .
6 Reserved for future use .     .    . . . .  .  .
                                                                                                                       Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                              Page 8 
Name of corporation                                                                                                       EIN

Part III Other Information for Preparation of Form 1116 (continued)
Section 3—Foreign Taxes (continued)
                    (d) Passive category income                    (e) General category income             (f) Other
                                                                                                           (category code    ) (g) Total     
         U.S.                   Foreign         Shareholder U.S.       Foreign                 Shareholder                
1
 A
 B
 C
 D
 E
 F
2
 A
 B
 C
 D
 E
 F
 G
3

 A

 B

 C
4
5
6
                                                                                                                          Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                                 Page 9 
Name of corporation                                                                                                                                   EIN

Part IV Distributions From Foreign Corporations to S Corporation
                    (a) Name of distributing foreign corporation    (b) EIN or                 (c) Date of distribution    (d) Functional currency of       (e) Amount of distribution 
                                                                    reference ID number                                    distributing foreign corporation in functional currency
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
 (f) Amount of E&P distribution (g) Spot rate (functional        (h) Amount of distribution (i) Amount of E&P distribution    (j) Qualified foreign            (k) Reserved for 
    in functional currency      currency to U.S. dollars)           in U.S. dollars            in U.S. dollars                   corporation                      future use
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
                                                                                                                                                            Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                                Page 10 
Name of corporation                                                                                                                                  EIN

Part V Information on Shareholders’ Section 951(a)(1) and Section 951A Inclusions
a Separate category (enter code—see instructions)  .   . .   . . . . .     .    . .   . . . . . .       .  .  .  .  . . . .      .   . .  .  . . . . .          
b If U.S. source, complete as a separate Part V by separate category and check box  . . . . . . .       .  .  .  .  . . . .      .   . .  .  . . . . .         . . .   . . . . .
                                                                                        (d) Shareholders’ share 
                    (a) Name of CFC               (b) EIN or       (c) Ending of          of CFC items through   (e) Aggregate share of   (f) Aggregate section    (g) Tested income
                                         reference ID number       CFC tax year            their ownership in      subpart F income       951(a)(1)(B) inclusion
                                                                                           the corporation 
                                                                                          (“aggregate share”)
A
B
C
D
E
F
G
H
I
J
K
1 Corporation total (sum for all CFCs) . . .      .    . .   . . . . .     .    . .   . . . . . .       .  .  .  

  (h) Tested loss               (i) Aggregate share of   (j) Aggregate share of   (k) Aggregate share of      (l) Aggregate share of   (m) Aggregate share of      (n) Aggregate share of 
                                    tested income              tested loss        Qualified Business Asset       the tested loss        tested interest income   tested interest expense
                                                                                      Investment (QBAI)          QBAI amount

A
B
C
D
E
F
G
H
I
J
K
1
                                                                                                                                                       Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                      Page 11 
Name of corporation                                                                                                                         EIN

Part VI    Information Regarding Passive Foreign Investment Companies (PFICs)
Section 1—General Information
                                                                         General Information
                    (a) Name of PFIC                 (b) EIN or                             (c) Address of PFIC               (d) Beginning of             (e) Ending of 
                                                     reference ID number                                                         PFIC tax year             PFIC tax year
A
B
C
D
E
F
G
H
I
J
K
L
                                Summary of Annual Information                                                      Information Regarding Elections
                                                                                                                (k) Check if 
                                                                                                                foreign 
                                                                                                                corporation   (l) Check if         (m) Check if 
                                                                                               (j) Election        has        PFIC has             PFIC is also   (n) Check if 
        (f) Description of each      shares acquired (h) Total number of (i) Total value of       by            documented    indicated            a controlled   PFIC meets 
                                     (g) Dates PFIC 
        class of PFIC shares         during tax year PFIC shares held at PFIC shares held at   corporation      its eligibility to  its shares are foreign        the income 
                                     (if applicable) end of tax year     end of tax year          (enter        be treated as “marketable          corporation    test or asset 
                                                                                               code—see         a qualifying  stock” within        (CFC) within   test of section 
                                                                                               instructions)    insurance     the meaning of       the meaning of 1297(a) for 
                                                                                                                corporation   section 1296(e).     section 957.   the tax year.
                                                                                                                under section 
                                                                                                                1297(f)(2).
A
B
C
D
E
F
G
H
I
J
K
L
                                                                                                                                                   Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                            Page 12 
Name of corporation                                                                                                                                      EIN

Part VI Information Regarding Passive Foreign Investment Companies (PFICs) (continued)
Section 2—Additional Information on PFIC or Qualified Electing Fund (QEF)
        General Information                            QEF Information                  Section 1296 Mark-to-Market Information    Section 1291 and Other Information
                                                                                        (e) Fair market                                        (h) Amount of cash and 
    (a) Name of PFIC                (b) EIN or      (c) Ordinary     (d) Net capital    value (FMV) of PFIC (f) FMV of PFIC     (g) Dates PFIC    FMV of property      (i) Dates of 
                                reference ID number earnings            gain               shares at            shares at       shares were    distributed by PFIC 
                                                                                        beginning of            end of             acquired    during the current  tax distribution
                                                                                                 tax year       tax year                          year (if applicable)
A
B
C
D
E
F
G
H
I
J
K
L
                                                                     Section 1291 and Other Information
 (j) Total creditable foreign taxes (k) Total distributions from  (l) Dates PFIC shares disposed (m) Amount realized on     (n) Tax basis of PFIC shares (o) Gain (loss) on disposition 
    attributable to distribution    PFIC in preceding 3 tax years    of during tax year          disposition of PFIC shares     on dates of disposition      of PFIC shares
        by PFIC                                                      (if applicable)
A
B
C
D
E
F
G
H
I
J
K
L
                                                                                                                                                         Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                                                  Page 13
Name of corporation                                                                                                                                                          EIN

Part VII   S Corporation’s Interest in Foreign Corporation Income (Section 960)
A Enter EIN or reference ID number of controlled foreign corporation:                      B                            Separate category (enter code—see instructions):
C If PAS was entered on line B, enter the applicable grouping under Regulations section 1.904-4(c). See instructions  .   .  . .   . . .  . . .        . .  
D Check the box and attach a statement if there is more than one source country for a line. See instructions                   E   If U.S. source, check the box and complete a separate Part VII
F If foreign oil related income or foreign oil and gas extraction income, check the box and attach a separate Part VII  G Enter functional currency of foreign corporation:
                                                                                       (ii) S corporation’s share of foreign (iii) Foreign corporation’s total net      (iv) Foreign corporation’s current year 
  Enter amounts in functional currency of the foreign corporation     (i) Country code     corporation’s net income            income (functional currency)             foreign taxes for which credit allowed 
  (unless otherwise noted).                                                                (functional currency)                     (see instructions)                      (U.S. dollars) (see instructions)
1 Subpart F income groups
a Dividends, interest, rents, royalties, and annuities (total)  . .
  (1) Unit:
  (2) Unit:
b Net gain from certain property transactions (total)  . . .      .
  (1) Unit:
  (2) Unit:
c Net gain from commodities transactions (total)  . .    . .      .
  (1) Unit:
  (2) Unit:
d Net foreign currency gain (total)  . .   . . .    .    . .      .
  (1) Unit:
  (2) Unit:
e Income equivalent to interest (total)  . . . .    .    . .      .
  (1) Unit:
  (2) Unit:
f Other foreign personal holding company income (total)    .      .
  (1) Unit:
  (2) Unit:
g Foreign base company sales income (total)  . .    .    . .      .
  (1) Unit:
  (2) Unit:
h Foreign base company services income (total)   .  .    . .      .
  (1) Unit:
  (2) Unit:
i Full inclusion foreign base company income (total)     . .      .
  (1) Unit:
  (2) Unit:
j Insurance income (total)      . . .  .   . . .    .    . .      .
  (1) Unit:
  (2) Unit:
k International boycott income (total)   . . . .    .    . .      .
l Bribes, kickbacks, and other payments (total)  .  .    . .      .
m Section 901(j) (total)  . .   . . .  .   . . .    .    . .      .
                                                                                                                                                                             Schedule K-2 (Form 1120-S) 2023

Schedule K-2 (Form 1120-S) 2023                                                                                                                                                          Page 14
Name of corporation                                                                                                                                                  EIN

Part VII    S Corporation’s Interest in Foreign Corporation Income (Section 960) (continued)
                                                                                    (ii) S corporation’s share of foreign (iii) Foreign corporation’s total net (iv) Foreign corporation’s current year 
  Enter amounts in functional currency of the foreign corporation  (i) Country code     corporation’s net income          income (functional currency)          foreign taxes for which credit allowed 
  (unless otherwise noted).                                                             (functional currency)                   (see instructions)                   (U.S. dollars) (see instructions)
2 Recaptured subpart F income  .    . . . . . . . . .
3 Tested income group (total)     . . . . . . . . . .
  (1)  Unit:
  (2)  Unit:
4 Residual income group (total)  .  . . . . . . . . .
  (1)  Unit:
  (2)  Unit:
5 Total  .  .       . . . .     . . . . . . . . . . .
                                                                                                                                                                     Schedule K-2 (Form 1120-S) 2023