1065 Schedule K-1 Instruction Form 1065 Schedule K-1

651123
Final K-1

2023

Schedule K-1
(Form 1065)
Department of the Treasury
Internal Revenue Service

Part III Partner’s Share of Current Year Income,
Deductions, Credits, and Other Items

/

2023

/

/

ending

/

Partner’s Share of Income, Deductions,
See separate instructions.
Credits, etc.
A

1

Ordinary business income (loss)

14

Self-employment earnings (loss)

2

Net rental real estate income (loss)

3

Other net rental income (loss)

15

Credits

4a

Guaranteed payments for services

4b

Guaranteed payments for capital

16

Schedule K-3 is attached if
checked . . . . .

4c

Total guaranteed payments

17

Alternative minimum tax (AMT) items

5

Interest income

6a

Ordinary dividends
18

Tax-exempt income and
nondeductible expenses

19

Distributions

20

Other information

21

Foreign taxes paid or accrued

For calendar year 2023, or tax year

beginning

Part I

OMB No. 1545-0123

Amended K-1

Information About the Partnership

Partnership’s employer identification number

B

Partnership’s name, address, city, state, and ZIP code

C

IRS center where partnership filed return:

D

Check if this is a publicly traded partnership (PTP)

Part II

Information About the Partner

E

Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.)

6b

Qualified dividends

F

Name, address, city, state, and ZIP code for partner entered in E. See instructions.

6c

Dividend equivalents

7

Royalties

Limited partner or other LLC
member

8

Net short-term capital gain (loss)

Foreign partner

9a

Net long-term capital gain (loss)

9b

Collectibles (28%) gain (loss)

9c

Unrecaptured section 1250 gain

10

Net section 1231 gain (loss)

11

Other income (loss)

12

Section 179 deduction

13

Other deductions

G

General partner or LLC
member-manager

H1

Domestic partner

H2

If the partner is a disregarded entity (DE), enter the partner’s:
TIN

I1

Name

What type of entity is this partner?

I2

If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here

J

Partner’s share of profit, loss, and capital (see instructions):
Beginning
Ending

.

Profit

%

%

Loss

%

%

Capital

%

%

Check if decrease is due to:
Exchange of partnership interest. See instructions.

Partner’s share of liabilities:
Beginning
Nonrecourse

$

$

Qualified nonrecourse
financing . . .

$

$

Recourse

$

$

.

.

.

.

Ending

.

K2

Check this box if item K1 includes liability amounts from lower-tier partnerships

K3

Check if any of the above liability is subject to guarantees or other
payment obligations by the partner. See instructions . . . . .
Partner’s Capital Account Analysis

L

Beginning capital account

.

.

.

$

Capital contributed during the year .

.

$

Current year net income (loss) .

.

$

.

M

.

.

$(

Ending capital account

.

.

$

.

Did the partner contribute property with a built-in gain (loss)?
Yes

N

.

No

If “Yes,” attach statement. See instructions.

Partner’s Share of Net Unrecognized Section 704(c) Gain or (Loss)
Beginning

.

.

.

.

.

.

.

.

$

Ending .

.

.

.

.

.

.

.

.

$

For Paperwork Reduction Act Notice, see the Instructions for Form 1065.

More than one activity for at-risk purposes*

23

More than one activity for passive activity purposes*

*See attached statement for additional information.

Other increase (decrease) (attach explanation) $
Withdrawals and distributions .

22

)

For IRS Use Only

Sale or
K1

www.irs.gov/Form1065

Cat. No. 11394R

Schedule K-1 (Form 1065) 2023