Revised 2018 Instructions for Schedule K-1 (Form 1120S) and Instructions for Form 1120S – 26-Feb-2019

If you viewed or downloaded the 2018 Instructions for Schedule K-1 (Form 1120S) or Instructions for Form 1120S before February 21, 2019, please note the following.

Final Regulations on both the Internal Revenue Code section 199A qualified business income deduction and section 965 transition tax were issued in February 2019. The 2018 Instructions for Schedule K-1 (Form 1120S) and Instructions for Form 1120S have been revised to provide additional instructions based on these final regulations.

The revised versions of the Instructions for Schedule K-1 (Form 1120S) (PDF) and Instructions for Form 1120S (PDF) are available for download.