Partnership Tax Return - Form 1065
Professional partnership tax filing services for multi-member businesses
What is Form 1065?
Form 1065 is the U.S. Return of Partnership Income used by partnerships, multi-member LLCs, and other pass-through entities to report their income, deductions, gains, and losses to the IRS.
Key Features
- • Partnership income and expenses
- • Partner capital accounts
- • Schedule K-1 preparation
- • Guaranteed payments
- • Distributions and contributions
- • Multi-state filing support
Our Partnership Tax Services
Comprehensive tax preparation and compliance services for partnerships and multi-member LLCs
Form 1065 Preparation
Complete preparation of partnership tax returns with all required schedules.
- • Form 1065 preparation
- • Schedule K preparation
- • Schedule L (Balance Sheet)
- • Schedule M-1 reconciliation
- • Schedule M-3 (if required)
K-1 Schedule Preparation
Accurate preparation of Schedule K-1 for each partner.
- • Individual K-1 preparation
- • Partner basis calculations
- • Distribution tracking
- • Capital account maintenance
- • Multi-state K-1s
Partnership Accounting
Comprehensive accounting services for partnership operations.
- • Bookkeeping services
- • Financial statement preparation
- • Partner capital tracking
- • Cash flow management
- • Budget planning
Compliance & Audit
Ensuring full compliance with partnership tax regulations.
- • IRS audit representation
- • Partnership agreement review
- • State tax compliance
- • Penalty abatement
- • Regulatory updates
Year-Round Support
Ongoing support for partnership tax matters.
- • Quarterly tax planning
- • Estimated tax payments
- • Partnership restructuring
- • New partner admissions
- • Partnership dissolution
Strategic Planning
Tax-efficient strategies for partnership growth.
- • Entity structure optimization
- • Partner compensation planning
- • Distribution strategies
- • Exit planning
- • Succession planning
Our Partnership Tax Process
Streamlined process for accurate partnership tax preparation and filing
Financial Review
We review your partnership's financial records and transactions.
Form 1065 Preparation
Complete preparation of your partnership tax return.
K-1 Generation
Preparation of Schedule K-1 for each partner.
Filing & Distribution
Electronic filing and K-1 distribution to partners.
Frequently Asked Questions
What is the deadline for Form 1065?
Form 1065 is due on March 15th (or the 15th day of the 3rd month after the end of the tax year). We can help with extensions if needed.
Do partnerships pay income tax?
Partnerships are pass-through entities and generally don't pay income tax. Instead, income, deductions, and credits flow through to individual partners via Schedule K-1.
What documents are needed for Form 1065?
You'll need financial statements, bank statements, partnership agreement, records of distributions and contributions, and documentation of all income and expenses.
How much does partnership tax preparation cost?
Pricing varies based on complexity, number of partners, and services required. Simple partnerships start at $500, while complex multi-state partnerships may cost $2,000 or more.
Ready to File Your Partnership Tax Return?
Get professional Form 1065 preparation with accurate K-1 schedules for all partners
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