How would this information be shown on a 2022 tax return?

Fred owns an interest in an S-Corporation that he started with his college friends years ago. The business earned quite a bit of income in earlier years and still earns a moderate amount of income. He received a Schedule K-1 (see attached) from this entity. He materially participates in this business and therefore the business income is not passive income. All of his investment in this activity is at risk. This business is eligible for the qualified business income deduction. 67. OMBNo. 1545-0123 Schedule K-1 Part III Shareholdar's share of Current Year Income, (Form 1120-5) 2(0) 2 Deductions, Grodits, and Other ltems Depanmen of the Tritasury intemsid Revenue Senvee (1) 1 Orthnery besiness incomo forsi 0 13 Crodis boginnive t12021 2 Nut rental ros hatate income joss? Shareholder's Share of Income, Deductions, 2 Dohor net rentid income (loas) Credlts, etc. Credits, etc. Part! Information About the Corporation AComporationsemployeristantlieationnumber36222222 B Copponafon's auma, eddess, dity, sate, and P code Zlppy Creatlons Corp. 1000 Broadway Street Akron OH 44325 Fred owns an interest in an S-Corporation that he started with his college friends years ago. The business earned quite a bit of income in earlier years and still earns a moderate amount of income. He received a Schedule K-1 (see attached) from this entity. He materially participates in this business and therefore the business income is not passive income. All of his investment in this activity is at risk. This business is eligible for the qualified business income deduction. 67. OMBNo. 1545-0123 Schedule K-1 Part III Shareholdar's share of Current Year Income, (Form 1120-5) 2(0) 2 Deductions, Grodits, and Other ltems Depanmen of the Tritasury intemsid Revenue Senvee (1) 1 Orthnery besiness incomo forsi 0 13 Crodis boginnive t12021 2 Nut rental ros hatate income joss? Shareholder's Share of Income, Deductions, 2 Dohor net rentid income (loas) Credlts, etc. Credits, etc. Part! Information About the Corporation AComporationsemployeristantlieationnumber36222222 B Copponafon's auma, eddess, dity, sate, and P code Zlppy Creatlons Corp. 1000 Broadway Street Akron OH 44325