K-1, SCHEDULE Definition

Bookmark and Share

K-1, SCHEDULE is an IRS form used to report a beneficiarys share of income, deductions, credits, and other items from certain trusts or partnerships.

Learn new Accounting Terms

CHAIRPERSON OF THE BOARD is the head of the board of directors of a corporation, and generally considered as head of the firm.

OPEN TO BUY is the dollar amount budgeted by a business for inventory purchases for a specific time period.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.