Which Item Does Not Appear on Schedule K of Form

question 122

Multiple Choice

Which item does not appear on Schedule K of Form 1120S?

• A) Tax-exempt interest income.
• B) Section 1231 gain.
• C) Section 179 depreciation deduction.
• D) Depreciation recapture income.
• E) All of the above appear on Schedule K.

---

Definitions:

Striations

A series of ridges, furrows, or linear marks, frequently found in muscle tissue and certain types of rocks.

Cardiac Muscle

A specialized type of muscle found only in the heart, responsible for pumping blood throughout the body.

Skeletal Muscle

A type of muscle tissue that is attached to bones and responsible for voluntary movements of the body.

Uninucleated

Having only one nucleus per cell, characteristic of most human cells except for certain muscle cells and some fungi.