Support Center

<- Back to Main Page

Form K-1 1120S where do I enter information for line 16c non deductible expenses - Figure for line 16C (non deductible expenses) on the K1 1120S for a 1040. Instructions say to look at the instructions for Sch K1 1120S...

---

Instructions for Schedule K-1 (Form 1120-S) (2019), Page 18

Code C. Nondeductible expenses.

The nondeductible expenses paid or

incurred by the corporation aren't

deductible on your tax return.

Generally, you must decrease the

basis of your stock by this amount.

Tags: federal,form