Taxes S-Corp?

Question

Looking at a K1 form from an S corporation..... whats the amount i own tax on ... The dollar abount under Investment income ?

Answer 1

All income reported on the K-1. It's not unsual for several different types of income to be listed and it's generally all taxable as if you had earned it directly yourself. An S-Corp is a pass-through entity and the income passes straight to the shareholders' personal tax returns.