Other Schedule K Items Frequently Asked Questions

Use Screen 27, Other Schedule K Items, input to enter foreign transactions, AMT information, and other items relating to the Schedule K on a 1120S return. See related articles below.

• Entering Foreign Transactions for an S Corporation Return (Form 1120S)
• Entering Dividend Distributions from E & P in the S Corporate Module
• 1120S Entering Shareholder Property Distributions Other than Dividends (Including Cash)
• Entering Tax Exempt Income for an S Corporation
• 1120S Shareholder Basis Schedule Line 33 Loan Repayments to Shareholder During Tax Year
• Override Shareholder Amounts on Form 1120S, Schedule K
• Understanding how Lacerte calculates S-Corporate AAA distributions