Table of Contents

• Instructions for Form 1065 - Introductory Material
  • What's New
  • Photographs of Missing Children
  • Contacting Your Taxpayer Advocate
  • How To Get Forms and Publications
• General Instructions
  • Purpose of Form
  • Definitions
    • Partnership
    • Exception—Qualified joint venture.
    • Foreign Partnership
    • General Partner
    • General Partnership
    • Limited Partner
    • Limited Partnership
    • Limited Liability Partnership
    • Limited Liability Company
    • Nonrecourse Loans
  • Who Must File
    • Domestic Partnerships
    • Foreign Partnerships
  • Termination of the Partnership
  • Electronic Filing
    • For More Information on Filing Electronically
    • Electronic Filing Waiver
  • When To File
    • Private Delivery Services
    • Extension of Time To File
    • Period Covered
  • Who Must Sign
    • General Partner or LLC Member Manager
    • Paid Preparer's Information
    • Paid Preparer Authorization
  • Penalties
    • Late Filing of Return
    • Failure To Furnish Information Timely
    • Trust Fund Recovery Penalty
  • Accounting Methods
  • Accounting Periods
    • Change of tax year.
  • Rounding Off to Whole Dollars
  • Recordkeeping
  • Amended Return
  • Assembling the Return
  • Elections Made by the Partnership
    • Effect of Section 743(b) Basis Adjustment on Partnership Items
  • Elections Made by Each Partner
  • Partner's Dealings With Partnership
  • Contributions to the Partnership
  • Dispositions of Contributed Property
  • Recognition of Precontribution Gain on Certain Partnership Distributions
  • Unrealized Receivables and Inventory Items
  • Passive Activity Limitations
    • Activities That Are Not Passive Activities
    • Trade or Business Activities
    • Rental Activities
    • Portfolio Income
    • Grouping Activities
    • Recharacterization of Passive Income
    • Passive Activity Reporting Requirements
  • Extraterritorial Income Exclusion
• Specific Instructions
  • • Name and Address
    • Items A and C
    • Item D. Employer Identification Number (EIN)
    • Item F. Total Assets
    • Item G
    • Item J. Schedule M-3
  • Income
    • Line 1a. Gross Receipts or Sales
    • Line 2. Cost of Goods Sold
    • Line 4. Ordinary Income (Loss) From Other Partnerships, Estates, and Trusts
    • Line 5. Net Farm Profit (Loss)
    • Line 6. Net Gain (Loss) From Form 4797
    • Line 7. Other Income (Loss)
  • Deductions
    • Limitations on Deductions
    • Line 9. Salaries and Wages
    • Line 10. Guaranteed Payments to Partners
    • Line 11. Repairs and Maintenance
    • Line 12. Bad Debts
    • Line 13. Rent
    • Line 14. Taxes and Licenses
    • Line 15. Interest
    • Line 16. Depreciation
    • Line 17. Depletion
    • Line 18. Retirement Plans, etc.
    • Line 19. Employee Benefit Programs
    • Line 20. Other Deductions
  • Schedule A. Cost of Goods Sold
    • Cost of Goods Sold
    • Line 1. Inventory at Beginning of Year
    • Line 2. Purchases
    • Line 4. Additional Section 263A Costs
    • Line 5. Other Costs
    • Line 7. Inventory at End of Year
    • Lines 9a Through 9c. Inventory Valuation Methods
  • Schedule B. Other Information
    • Question 1
    • Maximum Percentage Owned for Purposes of Questions 3 and 4
    • Questions 3 and 4
    • Question 5
    • Question 6
    • Question 7
    • Question 8
    • Question 9
    • Question 10. Foreign Accounts
    • Question 11
    • Questions 12a, 12b, and 12c
    • Question 13
    • Question 14
    • Question 15
    • Question 16. Foreign Partners
  • Designation of Tax Matters Partner (TMP)
  • Schedules K and K-1. Partners' Distributive Share Items
    • Purpose of Schedules
    • Substitute Forms
    • How Income Is Shared Among Partners
  • Specific Instructions (Schedule K-1 Only)
    • General Information
  • Part I. Information About the Partnership
  • Part II. Information About the Partner
    • Items E and F
    • Item G
    • Item H. Domestic/Foreign Partner
    • Item I. What Type of Entity Is This Partner?
    • Item J. Partner's Profit, Loss, and Capital
    • Item K. Partner's Share of Liabilities
    • Item L. Partner's Capital Account Analysis
  • Specific Instructions (Schedules K and K-1, Part III, Except as Noted)
    • Special Allocations
    • Income (Loss)
    • Deductions
    • Self-Employment
    • Credits
    • Foreign Transactions
    • Alternative Minimum Tax (AMT) Items
    • Other Information
  • Analysis of Net Income (Loss)
  • Schedule L. Balance Sheets per Books
    • Partnerships Required To File Schedule M-3
    • Line 5. Tax-Exempt Securities
    • Line 14. Total Assets
    • Line 18. All Nonrecourse Loans
    • Line 20. Other Liabilities
  • Schedule M-1. Reconciliation of Income (Loss) per Books With Income (Loss) per Return
    • Line 2
    • Line 3. Guaranteed Payments
    • Line 4b. Travel and Entertainment
  • Schedule M-2. Analysis of Partners' Capital Accounts
    • Line 2. Capital Contributed During Year
    • Line 3. Net Income (Loss) per Books
    • Line 6. Distributions
• Instructions for Form 1065 - Notices
  • Privacy Act and Paperwork Reduction Act Notice.
• Instructions for Form 1065 - Additional Material
  • Codes for Principal Business Activity and Principal Product or Service
    • Agriculture, Forestry, Fishing and Hunting
    • Mining
    • Utilities
    • Construction
    • Manufacturing
    • Wholesale Trade
    • Retail Trade
    • Transportation and Warehousing
    • Information
    • Finance and Insurance
    • Real Estate and Rental and Leasing
    • Professional, Scientific, and Technical Services
    • Management of Companies (Holding Companies)
    • Administrative and Support and Waste Management and Remediation Services
    • Educational Services
    • Health Care and Social Assistance
    • Arts, Entertainment, and Recreation
    • Accommodation and Food Services
    • Other Services
  • Index