Other tax exempt income on California Schedule K, line 16b

Other tax-exempt income on the California Schedule K, line 16b calculates based on the total of the following amounts you enter in the California S corp return.
  1. Amounts you enter in the
    Income on books not on return
    statement with code
    K
    to transfer to Schedule K. This field is in the California Adjustments folder, on the
    Ms
    screen.
  2. Amounts you enter in
    Other tax-exempt income
    in the California K1-3 screen.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close