Anonymous_Answer
Level 15
April 3, 2022
Is Schedule K the same as Schedule K-1?
Not really.
Schedule K-1can be issued by a trust, estate (1041). an S corporation, or a multi-member LLC/partnership.
Schedule K is part of the returns for corporations (Forms 1120 and 1120-S) and multi-member LLCs/partnerships (Form 1065).