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Form 1120-S (Schedule K-1) Illinois: What You Should Know

For 2016, you will include Schedule K-1(1), (Form 990-EZ), Line 24, Shareholder's Incentive Compensation (Schedule K-1-G), or Schedule K-1-P(3), (Form 1120-S), or Schedule K-1-P(4), (Form 1120-FZ) on line 1 of your U.S. income tax return and Line 21 of your Schedule G. For 2013, you will include Schedule K-1(1), or a form that is attached to Schedule K-1, Form 990-EZ, Line 8, Shareholder's Incentive Compensation (Schedule K-1-L), or Schedule K-1-P(3), or Schedule K-1-P(4), or Schedule K-1-P(5), (Form 990-EZ) that is attached to Schedule K-1, Form 990-EZ, Line 9, Shareholder's Incentive Compensation (Schedule K-1-G), or Schedule K-1-P, or Schedule K-1-P(6), (Form 990-EZ) that is attached to Schedule K-1-P, or Schedule K-1-P(7), (Form 990-EZ) that is attached to Schedule K-1-P(8), (Form 990-EZ) that is attached to Schedule K-1-P(9), (Form 990-EZ) that is attached to Schedule K-1-P(10), (Form 990-EZ) that is attached to Schedule K-1-P(11), (Form 990-EZ) that is attached to Schedule K-1-P(12), or (Form 990-EZ) that is attached to Schedule K-1-P(12) (Form 990-EZ) on line 1 of your U.S. income tax return on the following taxpayers.

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