The term " pass through " refers not to assets distributed by the corporation to the shareholder, but instead to the portion of the corporation's income, losses, deductions or credits that are reported to the shareholder on Schedule K-1 and are shown by the shareholder on his or her own income tax return.

The corporation must complete a Schedule K-1 for each person who was a shareholder at any time during the tax year and file it with the IRS along with Form 1120S.

The second copy of the Schedule K-1 must be mailed to the shareholder.

Additionally, they must report the accounts on Schedule B of the Form 1040 tax form.

If there is only one member in the company, the LLC is treated as a “ disregarded entity ” for tax purposes, and an individual owner would report the LLC ’ s income or loss on Schedule C of his or her individual tax return.

* If the taxpayer is otherwise eligible to file a shorter tax form such as 1040EZ or 1040A, he would prefer not to prepare ( or pay to prepare ) the more complicated Form 1040 and the associated Schedule A for itemized deductions.

* Schedule A income tax, a central government tax that was levied on the imputed rent, that is the rent that owner-occupiers of land would have been receiving from a tenant had they not been living in the houses they owned.

However, actual ( as opposed to imputed ) rent is still subject to income tax under Schedule A.

Sometimes governments have attempted to tax the imputed rent ( Schedule A of United Kingdom's income tax used to do this ), but this tends to be unpopular.

* Finance Act 2010 section 2 and Schedule 1, introducing the temporary bank payroll tax

These calculations are made on Schedule SE: Self-Employment Tax, although that is not readily apparent to novice self-employed taxpayers, owing to the schedule's rather opaque name, which makes it sound like it is part of the general federal income tax.

Some taxpayers have complained that Schedule SE's title should be changed to something such as " Self-Employment FICA Tax ", so that its separateness from the general income tax is apparent, perhaps not realizing that the SE tax is not imposed by the Federal Insurance Contributions Act ( FICA ) at all, and that neither SE taxes nor FICA taxes are " income taxes " imposed under Chapter 1 of the Internal Revenue Code.

SDI is deductible on federal returns ( Schedule A ) because it is a considered a state income tax.

Self-employed persons report their business income or loss on Schedule C of IRS Form 1040 and calculate the self-employment tax on Schedule SE of IRS Form 1040.

SEP contribution limits are computed, not from net profit, but from net profit adjusted for the deduction for self-employment tax ( 2006 Form 1040, line 27, from Schedule SE, Section A, line 6, or Section B, line 13 ).

For example, if a sole proprietor has $ 50, 000 net profit from self-employment on Schedule C, then the " 1 / 2 of self-employment tax credit ", $ 3, 532, shown on adjustments to income at the bottom of form 1040, will be deducted from the net profit and the result is multiplied by 20 % to arrive at the maximum SEP deduction, $ 9, 293.

Under 2007 US tax law 1040 Schedule A itemized deductions and the $ 3, 400 personal exemption are phased out ( reduced ) at higher income levels ($ 234, 600 for married filers ).

* Schedule II lists hydrocodone in pure form and any formulations of combination products containing more than 15 mg hydrocodone per dosage unit.

* ( 2 ) Before entering upon office, a member elected as Speaker or Deputy Speaker shall make before the National Assembly oath in the form set out in the Third Schedule.

As for the rest of the family, in the United States difenoxin & atropine tablets are Schedule IV and therefore federally controlled and require a prescription, loperamide is unscheduled and not on prescription, and diphenoxylic acid is classified as a form of diphenoxylate.

SSOP ’ s in conjunction with the Master Sanitation Schedule and Pre-Operational Inspection Program, form the entire Sanitation operational guidelines for food related processing and one of the primary backbones of all food industry HACCP plans.

DMT is classified in the United States as a Schedule I drug under the Controlled Substances Act of 1970.

Morphine acetate, which is another name for heroin is a Schedule I controlled substance, so it is not used clinically in the United States ; it is a sanctioned medication in the United Kingdom and in Canada, its use being particularly common ( nearly to the degree of the hydrochloride salt ) in the United Kingdom.

In the Netherlands, like methadone and all other strong opioids, LAAM is a List I drug of the Opium Law, and in Schedule II of the United States Controlled Substances Act.

Bulk dextropropoxyphene is in Schedule II of the United States Controlled Substances Act, while preparations containing it are in Schedule IV.

PCP is a Schedule II substance in the United States, a Schedule I drug by the Controlled Drugs and Substances act in Canada, a List I drug of the Opium Law in the Netherlands and a Class A substance in the United Kingdom.

In the United States, cathinone is a Schedule I drug, according to the U. S. Controlled Substance Act.

Many countries with civil unions recognize foreign unions if those are essentially equivalent to their own ; for example, the United Kingdom lists equivalent unions in Civil Partnership Act Schedule 20.

People filling up prescriptions for drugs classified in the US as Schedule II or Schedule III have found it more difficult to locate such medications, and the purchase of pseudoephedrine also has become restricted by Tijuana pharmacies, as it is in the United States.

This Department of Justice document lists " China White " as a synonym for a number of fentanyl analogues, including 3-methylfentanyl and α-methylfentanyl, which today are classified as Schedule I drugs in the United States.

In the United States it was withdrawn in 1982 and made a Schedule I drug in 1984.

It was originally a Schedule III drug in the United States under the Controlled Substances Act, but in 1991 it was upgraded to Schedule II, after it was discovered that misuse combined with codeine increased the effect of the codeine and deaths had resulted from the combination.

Lorazepam is a Schedule IV drug under the Controlled Substances Act in the U. S. and internationally under the United Nations Convention on Psychotropic Substances.

In the United Kingdom, it is a Class C, Schedule 4 Controlled Drug under the Misuse of Drugs Regulations 2001.

The Scottish Government is responsible in Scotland for all issues that are not explicitly reserved to the United Kingdom Parliament at Westminster by Schedule 5 of the Scotland Act 1998 ; such devolved matters include NHS Scotland, education, justice and policing, rural affairs, economic development and transport.

* General Schedule, a prefix designating a pay grade in the United States civil service

Benzphetamine is unique in its classification as a Schedule III drug in the United States.

Psilocybin and psilocin are listed as Schedule I drugs under the United Nations 1971 Convention on Psychotropic Substances.

In the United States Iboga is classified by the Controlled Substances Act on the list of Schedule I drugs.

The drug is an illegal Schedule I controlled substance in the United States, and the foreign facilities in which it is administered tend to have little oversight, and range from motel rooms to one moderately-sized rehabilitation center.

Since 2004, the sales of ephedra as a dietary supplement is prohibited in the United States by the Food and Drug Administration., and subject to Schedule III restrictions in the United Kingdom.

In the United States there is no federal law mentioning the possession of Psilocybe spores, this is due to the fact that only the psilocybin and psilocin compounds are considered Schedule I drugs and there is no presence of these compounds in the spores themselves, only in the fruiting body of the cultivated spores.

However, Pregabalin, a subsequent Pfizer spin-off, is a controlled substance under Schedule V of the United States ' Controlled Substances Act.

It is an analog of Pethidine ( Meperidine ), but, since it is not used in medicine, the DEA has labeled it a Schedule I drug in the United States.

In the United States, Percodan is regulated as a Schedule II controlled substance under the Uniform Controlled Substances Act of 1970, along with cocaine, morphine and raw ( unprocessed ) opium.

In the United States, it is classified as a Schedule IV controlled substance.

While ergine is listed as a Schedule III substance in the United States, parts of the plant itself are not controlled, and seeds and plants are still sold by many nurseries and garden suppliers.