Section 179 expense deduction (attach Federal Form 4562) (see instruction 14(c)) . Enter in Column B and carry to Line 2, page 1, and Schedule K.Use these instructions to help you report on your personal income tax return the items shown on all your Form(s) IT-204-IP,. New York Partner's Schedule K-1 63 2012 estimated tax payments and amount applied from 2011 return -1. 2. 101,047. 7,512. k. 3 Refundable credits (see instructions). Part 4. Net Long-Term Capital Gain Subtraction – Information Schedule. If the shareholder's federal Schedule K-1 (Form 1120-S) includes capital gain (loss), For calendar year 2011 or fiscal year beginning IMPORTANT: Refer to Shareholder's Instructions for Schedule K-1 before entering information from WISCONSIN INCOME, DEDUCTIONS, ETC., FROM 2011 SCHEDULE 2K-1. Purpose of Schedule 2K-1. Similar to federal Schedule K-1, a trust or estate uses. For detailed reporting and filing information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return. 1. If the partner's federal Schedule K-1 (Form 1065) does not include any net capital gain (loss) your Arizona tax return following the instructions below. For detailed reporting and filing information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return. 1.