[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-7257":3},{"rec_id":4,"title":5,"text":6},"7257","What is ordinary business income (loss) on my S corporation Schedule K-1?","\u003Ci>Box 1\u003C/i> shows your share of ordinary income or loss from the corporation's trade or business activities. Where this amount is reported depends on whether you materially participated in the business.",1777391483505]