The item that does not appear on schedule k of form 1120s is Tax-exempt interest income.
<h3>What is contained in Schedule K-3 (Form 1120-S)?</h3>
The schedule contains the Shareholder's Share of Income, Deductions, Credits, etc.
However, when computing tax return, the item that does not appear on schedule k of form 1120s is Tax-exempt interest income.
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Answer:
B.
Explanation:
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Answer:
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