Forms in Economy Level for Partnership Edition (1065)

IRS Form

Common Use

Form 1065   U.S. Return of Partnership Income

Main signature form required for all returns. 4-page form includes Schedules A, B, K, L, M-1, and M-2.

Schedule D   Capital Gains and Losses

To report sale of exchange of capital assets (such as stocks and bonds), including capital gain distributions

Schedule F   Profit or Loss from Farming

For earned income from a farm business you own

Schedule K-1   Partner's Share of Income, Credits, Deductions, etc.

To report each individual partner's share of items each partner must report on his or her own return

Form 3468   Investment Credit

Rehabilitation, energy, and reforestation credits

Form 4562   Depreciation and Amortization

To figure deductions for depreciation and amortization of business and investment property

Form 4684   Casualties and Thefts

To figure deductions for losses due to casualty or theft

Form 4797   Sales of Business Property

To report income or loss from sale or exchange of business and certain investment property

Form 6252   Installment Sale Income

To figure current-year taxable income from installment payments received

Form 8825   Rental Real Estate Income and Expenses of a Partnership

To report income and expenses from rental real estate