ACCT 424 Form1065 - OMB No. 1545-0099 U.S. Return of...

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Unformatted text preview: OMB No. 1545-0099 U.S. Return of Partnership Income 1065 Form Department of the Treasury Internal Revenue Service ' See separate instructions. Name of partnership A Principal business activity D Employer identification number Use the IRS label. Other- wise, print or type. Number, street, and room or suite no. If a P.O. box, see the instructions. Principal product or service B E Date business started City or town, state, and ZIP code Business code number C F Total assets (see the instructions) $ Final return (2) Initial return (1) Check applicable boxes: G (3) Name change Accrual (2) Cash (1) Check accounting method: H (3) Other (specify) ' Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year ' I Caution. Include only trade or business income and expenses on lines 1a through 22 below. See the instructions for more information. 1a a 1 Gross receipts or sales 1c 1b b Less returns and allowances 2 2 Cost of goods sold (Schedule A, line 8) 3 3 Gross profit. Subtract line 2 from line 1c 4 Ordinary income (loss) from other partnerships, estates, and trusts (attach statement) 4 I n c o m e 5 5 Net farm profit (loss) (attach Schedule F (Form 1040)) 6 6 Net gain (loss) from Form 4797, Part II, line 17 (attach Form 4797) 7 7 Other income (loss) (attach statement) 8 Total income (loss). Combine lines 3 through 7 8 9 Salaries and wages (other than to partners) (less employment credits) 10 Guaranteed payments to partners 10 11 Rent 13 12 Interest 15 13 Taxes and licenses 14 14 Bad debts 12 15 Repairs and maintenance 11 16a Depreciation (if required, attach Form 4562) 16a 16c 16b Less depreciation reported on Schedule A and elsewhere on return b 17 Depletion (Do not deduct oil and gas depletion.) 17 19 18 Retirement plans, etc. Employee benefit programs 21 19 Other deductions (attach statement) D e d u c t i o n s ( s e e t h e i n s t r u c t i o n s f o r l i m i t a t i o n s ) Total deductions. Add the amounts shown in the far right column for lines 9 through 20 20 20 Ordinary business income (loss). Subtract line 21 from line 8 21 22 Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than general partner or limited liability company member manager) is based on all information of which preparer has any knowledge. Sign Here Date Signature of general partner or limited liability company member manager Preparers SSN or PTIN Date Preparers signature Check if self-employed ' Paid Preparers Use Only Firms name (or yours if self-employed), address, and ZIP code Form 1065 (2008) For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11390Z 18 22 ' ' EIN ' Phone no. ( ) For calendar year 2008, or tax year beginning , 2008, ending , 20 ....
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This note was uploaded on 04/22/2010 for the course ACCT ACCT424 taught by Professor Tracie during the Spring '10 term at DeVry Chicago O'Hare.

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ACCT 424 Form1065 - OMB No. 1545-0099 U.S. Return of...

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