What do the codes mean in Box 15 of the K-1 for S Corporations?
Alternative minimum tax (AMT) items
A: Post-1986 depreciation adjustment
B: Adjusted gain or loss
C: Depletion (other than oil & gas)
D: Oil, gas, & geothermal--gross income*
E: Oil, gas, & geothermal--deductions*
F: Other AMT items*
*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.
See the Schedule K-1 (Form 1120-S) instructions for more info about these codes.
What if the boxes on my K-1 don't match?
A: Post-1986 depreciation adjustment
B: Adjusted gain or loss
C: Depletion (other than oil & gas)
D: Oil, gas, & geothermal--gross income*
E: Oil, gas, & geothermal--deductions*
F: Other AMT items*
*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.
See the Schedule K-1 (Form 1120-S) instructions for more info about these codes.
What if the boxes on my K-1 don't match?
