What Does Schedule K-1 Mean?

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What does Schedule K-1 mean? Read on to discover the definition & meaning of the term Schedule K-1 - to help you better understand the language used in insurance policies.

Schedule K-1

Schedule K-1

A schedule K-1 is a tax form through which an income tax earner can pass liability for their income to another party, often a beneficiary of this earned income.

We hope the you have a better understanding of the meaning of Schedule K-1.

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