Form IT-20S (IT-65; State Form 49181) Schedule IN K-1 Shareholder's / Partner's Share of Indiana Adjusted Gross Income, Deductions, Modifications, and Credits - Indiana

What Is Form IT-20S (IT-65; State Form 49181) Schedule IN K-1?

This is a legal form that was released by the Indiana Department of Revenue - a government authority operating within Indiana.The document is a supplement to Form IT-20S, and Form IT-65. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form IT-20S?
A: Form IT-20S is a tax form used for reporting the Indiana Adjusted Gross Income, deductions, modifications, and credits for shareholders or partners of an Indiana corporation or partnership.

Q: What is Schedule IN?
A: Schedule IN is a part of Form IT-20S and it is used to report the shareholder's or partner's share of Indiana Adjusted Gross Income, deductions, modifications, and credits.

Q: What is a K-1?
A: A K-1 is a tax form used to report the share of income, deductions, and credits allocated to a partner or shareholder of a partnership or S corporation.

Q: Why do I need to file Form IT-20S Schedule IN?
A: You need to file Form IT-20S Schedule IN if you are a shareholder or partner in an Indiana corporation or partnership and need to report your share of income, deductions, modifications, and credits for Indiana tax purposes.