The third course in this series provides details on the type of income and deductions that should be reported in Schedule K. The Schedule K form is used to report each item of income, deduction, or credit separately so that it can then be allocated and passed through to the shareholders on their Schedule K-1. Also covered in this course are tax credits and adjustments, and which form they should be reported on, as well as an overview of how to report foreign taxes and other items on Schedule K. New developments are noted throughout the course. Visit the CCH Learning Center Website For More Information, To Purchase and To Enroll.