[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-3230":3},{"rec_id":4,"title":5,"text":6},"3230","What do the codes mean in Box 10 of the K-1 for S Corporations?","\u003Cb>Other income (loss)\u003C/b>\u003Cbr>\r\nA: Other portfolio income (loss)\u003Cbr>\r\nB: Involuntary conversions\u003Cbr>\r\nC: Sec. 1256 contracts & straddles \u003Cbr>\r\nD: Mining exploration costs recapture \u003Cbr>\r\nE: Section 951A(a) income inclusions*\u003Cbr>\r\nF: Inclusions of subpart F income*\u003Cbr>\r\nG: Section 951(a)(1)(B) inclusions*\u003Cbr>\r\nI: Gain (loss) from disposition of oil, gas, geothermal, or other mineral properties \u003Cbr>\r\nJ: Recoveries of tax benefit items\u003Cbr>\r\nK: Gambling gains and losses\u003Cbr>\r\nM: Gain eligible for 1045 rollover (stock purchased by corporation) \u003Cbr>\r\nN: Gain eligible for 1045 rollover (stock not purchased by corporation) \u003Cbr>\r\nO: QSB Stock (1202 Exclusion) \u003Cbr>\r\nS: Non-portfolio capital gain (loss) \u003Cbr>\r\nZZ: Other income (loss) - The corporation should give you a description and the amount of your share for each of these items. \r\n\u003Cbr>\u003Cbr>\r\nAll other codes are reserved by the IRS for future use.\r\n\u003Cbr>\u003Cbr>\r\n*Not supported* Some codes require additional forms or adjustments that aren't currently supported by FreeTaxUSA. In this case, you may need to file another way.\r\n\u003Cbr> \u003Cbr> \r\nSee the \u003Ca href=\"https://www.freetaxusa.com/taxes2025/formdownload?sid=4&form=i1120ssk.pdf\" target=\"_blank\">Schedule K-1 (Form 1120-S) instructions\u003Cspan class=\"append_pdf\"> \u003C/span>\u003C/a> for more info about these codes.\r\n\u003Cbr> \u003Cbr>\r\n\u003Ca href=\"/freefile2025/answers?faq=11711\">What if the boxes on my K-1 don't match?\u003C/a>",1777391553507]