Print Schedule K-1 instructions

Follow these steps to print Schedule K-1 instructions in the shareholder package for shareholders marked as 1040 clients.
  1. Select
    Setup
    , then
    1120 Corporation
    .
  2. Select the
    Federal
    tab, then
    Other Return Options
    .
  3. Select the
    Return Presentation
    tab and mark the
    Print Schedule K-1 instructions when shareholder is a 1040 client (S Corp)
    checkbox.
    note
    • Mark
      As Required
      for the shareholder package print condition in the Preparer collation to get the Shareholders' Schedule K-1 to print.
    • Mark
      As Required
      for the Schedule K-1 instructions print conditions in the Government collation of the shareholder package.
    • This option doesn't affect printing the Schedule K-1 instructions for shareholders who aren't 1040 clients.

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