Form 38 (SFN28739) Schedule K-1 Beneficiary's Share of North Dakota Income (Loss), Deductions, Adjustments, Credits, and Other Items - North Dakota

What Is Form 38 (SFN28739) Schedule K-1?

This is a legal form that was released by the North Dakota Office of State Tax Commissioner - a government authority operating within North Dakota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 38 (SFN28739)?A: Form 38 (SFN28739) is Schedule K-1 Beneficiary's Share of North Dakota Income (Loss), Deductions, Adjustments, Credits, and Other Items.

Q: What is the purpose of Form 38?A: The purpose of Form 38 is to report a beneficiary's share of income, deductions, adjustments, credits, and other items related to North Dakota.

Q: Who needs to file Form 38?A: Form 38 is typically filed by beneficiaries of a partnership or S corporation that has North Dakota income or losses.

Q: Is there a deadline for filing Form 38?A: Yes, the deadline for filing Form 38 is the same as the deadline for filing your federal income tax return, typically April 15th.

Q: What information is required on Form 38?A: Form 38 requires the beneficiary's personal information, a breakdown of the beneficiary's share of income, deductions, adjustments, credits, and other items, and any additional disclosures required by the North Dakota State Tax Department.

Q: Are there any special instructions for filling out Form 38?A: Yes, it is important to carefully review the instructions provided with Form 38 and to consult with a tax professional if needed to ensure accurate completion.

Q: Is Form 38 the same as a state tax return?A: No, Form 38 is not the same as a state tax return. It is a schedule that is filed along with your state tax return to provide additional details about your North Dakota income and deductions.

Q: Can I e-file Form 38?A: Yes, you can e-file Form 38 if you are filing your state tax return electronically. Check with your tax software or service provider for specific instructions.

Q: What should I do if I have more questions about Form 38?A: If you have more questions about Form 38, you can contact the North Dakota State Tax Department or consult with a tax professional.