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                                                                                                                                                                                                                                                                            Clear Form

 SCHEDULE K-1 
             FORM N-20                                                                                                                              STATE OF HAWAII — DEPARTMENT OF TAXATION 
             (REV. 2023)
                                                                                                                            PARTNER’S SHARE OF INCOME, CREDITS,                                                                                  2023
 PREPARE IN TRIPLICATE                                                                                                                                         DEDUCTIONS, ETC.
 For EACH Partner 
 Copy 1            File with N-20                                                                                                                          For calendar year 2023 or other tax year 
 Copy 2            Partnership Copy                                                                                       beginning                            , 2023 and ending                    , 20 
 Copy 3            Partner's Copy                                                                                                                                                                                                             N20SCHK1_I 2023A 01 VID01
 Partner’s Social Security No. or Federal Employer I.D. No. †                                                                                                                  Partnership’s Federal Employer Identification No. †
 Partner’s name, address, and Postal/ZIP Code                                                                                                                                  Partnership’s name, address, and Postal/ZIP Code

 A            This partner is a                                                                                            general partner           limited partner         D             Partner’s share of liabilities: 
                LLC member-manager                                                                                           other LLC member                                              Nonrecourse ...........................................................$                  
                                                                                                                                                                                             Qualified nonrecourse financing      .............................$                       
 B            What type of entity is this partner?                                                                                  †                                                        Other .......................................................................$ 
                If the partner is a disregarded entity (DE), enter the partner’s: 
              FEIN ____________________  Name                                                                                                                                  E             Check here if this partnership is a publicly traded partnership 
                                                                                                                                                    (i) Before                               as defined in IRC section 469(k)(2) ........
                                                                                                                                                    change     (ii) End of 
                                                                                                                                        or termination         year
 C            Enter partner’s percentage of: 
                                                                                                                                                                               F             Check applicable boxes:    (1)    Final K-1    (2)    Amended K-1
              Profit sharing ...........................................__________%_________% 
              Loss sharing ............................................__________%_________% 
              Ownership of capital ...............................__________%_________%

 G            Reconciliation of partner’s capital account:                                                                                                         (c) Income included in    (d) Deductions included                                 (f) Capital account 
             (a) Capital account at                                                                                                 (b) Capital contributed        column (c) below, plus    in col. (c) below, plus (e) Withdrawals and         at end of year (combine 
              beginning of year                                                                                                         during year                        nontaxable income unallowable deductions     distributions          columns (a) through (e))
 
                                                                                                                                                                                             (          ) (                              )
  Caution:  Refer to Partner’s Instructions for Schedule K-1 (Form N-20) before entering information from this schedule on your tax return.
                                                                                                                       (a) Distributive share items                        (b) Attributable to      (c) Attributable                    (d) Form N-11 & N-15 filers 
                                                                                                                                                                               Hawaii               Everywhere                        enter the amount in column (b) 
                                                                                                                                                                                                                                          and /or column (c) on:
                 1Ordinary income (loss) from trade or business activities. ...............                                                                                                                                                
                                                                                                                                                                                                                                          See Partner’s Instructions 
                 2Net income (loss) from rental real estate activities. ........................                                                                                                                                          for Schedule K-1                   
                 3Net income (loss) from other rental activities ..................................                                                                                                                                       (Form N-20)
                 4Guaranteed payments to partner ....................................................                                                                                                                             }
                 5Interest ............................................................................................                                                                                                                 Interest Worksheet
                 6Ordinary Dividends .........................................................................                                                                                                                            See Partner’s Instructions for  
              7      Royalties .........................................................................................                                                                                                          }       Schedule K-1 (Form N-20).
  Income    8Net(Loss)short-term capital gain (loss) ....................................................                                                                                                                             Capital Gain/Loss Worksheet
                 9Net long-term capital gain (loss) .....................................................                                                                                                                             Capital Gain/Loss Worksheet
              10     Net IRC section 1231 gain (loss) (attach Schedule D-1) ..................                                                                                                                                        See Partner’s Instr. for Sch. K-1 (Form N-20).
                 11Other income (loss) (attach schedule). ...........................................                                                                                                                                 Enter on applicable line of your return.
                 12Charitable contributions (attach schedule) .....................................                                                                                                                                        
                 13Expense deduction for recovery property                                                                                                                                                                                See Partner’s Instructions 
                                                                                                                                                                                                                                          for Schedule K-1 
                   (IRC section 179) (attach schedule) ...............................................                                                                                                                                    (Form N-20)
  Deductions     14Deductions related to portfolio income (attach schedule). ..............                                                                                                                                       }
              15     Other deductions (attach schedule). ...............................................                                                                                                                              Enter on applicable line of your return.
                 16Total cost of qualifying property for the  
                   Capital Goods Excise Tax Credit ....................................................                                                                                                                               Form N-312
                 17Fuel Tax Credit for Commercial Fishers..........................................                                                                                                                                   Form N-163
                 18Amounts needed to claim the Enterprise Zone Tax Credit  ............                                                                                    See attached Form N-756A                                   Form N-756
  Credits        19Hawaii Low-Income Housing Tax Credit .........................................                                                                                                                                     Form N-586
              20     Credit for Employment of Vocational Rehabilitation Referrals ........                                                                                                                                            Form N-884
              21     Total qualified production costs for the Motion Picture, Digital  
                   Media, and Film Production Income Tax Credit ..............................                                                                                                                                        Form N-340

                                                                                                                                                               ID NO 01                                                 SCHEDULE K-1 FORM N-20 (Rev. 2023)



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Schedule K-1 (Form N-20) (REV. 2023)                                                                                                                                                                                                 Page 2

                                                                                      (a) Distributive share items                                             (b) Attributable to              (c) Attributable  (d) Form N-11 & N-15 filers 
                                                                                                                                                                   Hawaii                       Everywhere       enter the amount in column (b) 
                                                                                                                                                                                                                    and /or column (c) on:
                                                                  22Credit for School Repair and Maintenance .....................................                                                               Form N-330
                                                                  23Renewable Energy Technologies Income Tax Credit......................                      See attached Form N-342A                          Form N-342
                                                                  24Important Agricultural Land  
                                                                    Qualified Agricultural Cost Tax Credit .............................................                                                         Form N-344
                                                                  25Tax Credit for Research Activities ...................................................                                                       Form N-346
                                                               26     Historic Preservation Income Tax Credit .........................................                                                          Form N-325
                                    Credits (cont.)            27   Renewable Fuels Production Tax Credit for Years After 12/31/21 ..                                                                            Form N-360
                                                               28   Pass-Through Entity Tax Credit ......................................................                                                        Form N-362
                                                               29   Credit for income tax withheld on  
                                                                    Form N-288A (net of refunds) .........................................................                                                       Schedule CR, line 9a
                                                                 30 a  Interest expense on investment debts ........................................                                                             Form N-158, line 1
                                                                    b  (1) Investment income included on  
                                                                          Schedule K-1, lines 5 through 7 ...........................................                                                               See Partner’s Instructions 
                                    Investment       Interest                                                                                                                                                       for Schedule K-1 
                                                                         (2) Investment expenses included in  
                                                                                                                                                                                                                    (Form N-20)
                                                                          Schedule K-1, line 14 ...........................................................                                                      }
                                                               31     Recapture of Hawaii Low-Income Housing Tax Credit 
                                                                    a  From IRC section 42(j)(5) partnerships ......................................                                                                Form N-586, Part III
                                                                                                                                                                                                                   
                                                                    b  Other than on line 31a ................................................................                                                   }
                                                                  32Capital Goods Excise Tax Credit Properties ...................................             See attached Form N-312, Part II                  Form N-312, Part II
                                               Credits            33Recapture of Tax Credit for Flood Victims ......................................                                                             Form N-338
                                                                  34Recapture of Important Agricultural Land  
                  Recapture of Tax  
                                                                    Qualified Agricultural Cost Tax Credit .............................................                                                         Form N-344
                                                                  35Recapture of Capital Infrastructure Tax Credit ................................                                                              Form N-348
                                                                  36Recapture of Historic Preservation Income Tax Credit ...................                                                                     Form N-325
                                                                  37List below other items and amounts not included on  
                                                                                                                                                                                                                  
                                    Other                           lines 1 through 36 that are required to be reported                                                                                           See Partner’s Instructions for 
                                                                    separately to each partner ..............................................................                                                     Schedule K-1 (Form N-20).
Other Information Provided by Partnership:






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