INSTRUCTIONS: ARIZONA NONRESIDENT SHAREHOLDER'S SHARE OF INCOME AND DEDUCTIONS SCHEDULE K-1 (NR) (Form 120-S) Nonresidents who are shareholders in an Arizona corporation should document their share of income and deductions using the Schedule K-1 (NR) supplement to form 120-S. This document can be found on the website of the Arizona Department of Revenue. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 1: Indicate with a check mark whether this is an original or amended return. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 2: Indicate with a check mark whether this is for the current fiscal year or another fiscal year. If the latter, give its beginning and ending dates. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 3: Enter the shareholder's identifying number where indicated. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 4: Enter the S corporation's employer identification number where indicated. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 5: Enter the shareholder's name, address and zip code where indicated. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 6: Enter the S corporation's name, address and zip code where indicated. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 7: Enter the shareholder's percentage of stock ownership for the taxable year where indicated. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 8: Three columns must be completed in the table below. Column a concerns the distributive share amount, column b concerns the Arizona apportionment ratio, and column c concerns the Arizona source income. Enter the ordinary income or loss on line 1, the net income or loss from rental real estate activities on line 2, and the net income or loss from other rental activities on line 3. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 9: Enter the sum of lines 1 through 3 on line 4. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 10: Complete the remainder of the table as instructed. Arizona Nonresident Shareholder's Share Of Income And Deductions Schedule K-1 (NR) 120-S Step 11: Submit the form along with form 120-S.