K-1 PAGE 2 - CODE DEFINITIONS (Form 1120-S)

[sandralgarcia1159]

Hello, 

I am looking for the Page 2 for K-1's which, up to 2019, was used to define all the codes on a K-1.

I am unable to locate it for the 2021 TY.  Was this page eliminated?  If so, what do we use to explain the various codes on a K-1?

[IRonMaN]

The IRS eliminated page 2 in 2020.  Unless you have a lot of the K-1 recipients manually preparing their own 1040, are the code descriptions really necessary?

[PhoebeRoberts]

The IRS removed that page from the K-1. The codes are explained in the shareholder's instructions to the K-1.

https://www.irs.gov/pub/irs-pdf/i1120ssk.pdf

[kgreen8393]

I've noticed that many K-1's I received from other tax software include the pages from the K-1 instructions that show the codes as part of the K-1.   However, this adds 4 extra pages to the K-1.