Form 85 132 02 8 1 000 – Fill Out and Use This PDF

Form 85-132-02-8-1-000 (Rev. 12/02)

Mississippi

S-Corporation

Mississippi Schedule K-1

Shareholder's Name

Street Address

City, State, Zip Code

A. Shareholder's percentage of stock ownership for tax year

S-Corporation Name

Street Address

City, State, Zip Code

........ ... ... ... ........... ... ... ... .......... ... ... ... .................................................. %

B. Check applicable boxes:

.. . ..	Final K-1
. .
. . .

.. . ..	Amended K-1	.. . ..
. .		. .
. . .		. . .

Included in non-resident composite return

(Investor is not required to report this distubutive share on Mississippi Non-Resident income tax return.)

			Mississippi Distributive Share Item
			Ordinary income (Loss) from trade or business activities
		1.
		2.	Net income (Loss) from rental real estate activities
		3.	Net income (Loss) from other rental activities
		4.	Portfolio Income:
	(Loss)	a. Interest
		b. Dividends
	Income	c. Royalties
		d. Net short-term capital gain (Loss)
		e. Net long-term capital gain (Loss)
		f. Other portfolio income (Loss)
		5.	Net gain (Loss) under IRS Section 1231 (Other than due to casualty or theft)
		6.	Other income (Loss)
		7.	Charitable contributions (Attach Schedule)
	Deductions
		8.	IRS Section 179 expense deductions
		9.	Deductions related to portfolio income (Attach Schedule)
		10. Other deductions (Attach Schedule)
		11a. Interest expense on investment debts
	Interest Expense
		11b. (1) Investment income included on lines 4a, 4b, 4c, and 4f above
		11b. (2) Investment expenses included. .in.		line 10 above . . .
			. .		. .
			. .	Paid	. .
		12. Total foreign taxes (Check one): . . .			. . . Accrued
	Other	13a. Total expenditures to which an IRS Section 59(e) election may apply
		13b. Type of expenditures:
		_______________________________________________________________________________

Amount

1.

2.

3.

4a.

4b.

4c.

4d.

4e.

4f.

5.

6.

7.

8.

9.

10.

11a 11b(1).

11b(2).

.

12.

13a

.

13b.

Total credits limited to the income tax from S-Corporation income (See instructions on back of form)

1.Ad Valorem Tax Credit

2.Other credits: (Enter description and code number)

a. ___________________________________________________________________________

b. ___________________________________________________________________________

c.___________________________________________________________________________

d. ___________________________________________________________________________

	Code
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. . . . . .... . . .Credit.. . . . .. .Amount. . ... . . . .. . . . . .. . . ..

.... . . . . .... . . . ..... . . . . ..... . . . .... . . . ..... . . . ..... . . . .....

. . . . . ... . . . . ... . . . .. . . . ... . . . .. . . . . .. . . ..

..... . . . . ...... . . . . ...... . . . ...... . . . ..... . . . ...... . . . . ...... . . ......

.... ... ... .... .... .... .... ....

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......... .. .. .. .. .......... .. .. .. ............ .. .. .. ........... .. .. .. ......... .. .. .. ........... .. .. .. ............. .. .. ...........

Form 85-132-02-8-2-000 (Rev. 12/02)

GENERAL RESTRICTIONS ON CREDITS

Mississippi

S-Corporation

Mississippi Schedule K-1

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