For an updated 2023 K-1 walkthrough:    • 2023 IRS Form 1065 Schedule K-1 Walkt...  

For other videos on Form 1065 & Schedule K-1s for partnerships, see our playlist here:
   • Form 1065 (Partnership Tax) Tutorials  

This is not a video on how to complete a Form 1065 partnership tax return. It is a guide on the total numbers from Form 1065 flow through to the individual partners' Schedule K-1s.

For other form tutorials that might be applicable to your return, check our videos here:

File Form 1065 with No Activity:    • Do I Need to File a Form 1065 Partner...  
Schedule K-2 & K-3 Filing Exceptions:    • Schedule K-2 & K-3: Domestic Filing E...  
Form 4136 Fuel Tax Credit:    • IRS Form 4136 - Tax Credits for Fuel ...  
Form 5884 Work Opportunity Credit:    • IRS Form 5884 - Work Opportunity Cred...  
Schedule C:    • Form 1065 Schedule C - Who Needs to F...  
Schedule B-1:    • Form 1065 Schedule B-1  Disclosure of...  
Schedule B-2:    • How to Elect Out of the Centralized P...  
Form 8825 Rentals:    • How to Complete IRS Form 8825 - Repor...  
Record Unreimbursed Partnership Expenses:    • How to Record your Unreimbursed Partn...  
Recourse vs Nonrecourse:    • Recourse vs Nonrecourse Debts of an LLC  
Deducting Business Gifts:    • Can Business Gifts Be Tax Deductible?  
Foreign Owned LLC Form 1065:    • Foreign Owned Multi-Member LLC - Form...  
Foreign Owned LLC Partnership Pay No Tax:    • Foreign Owned Multi-Member LLC - Pay ...  
Do I Need a Form 1065 If I Lost Money:    • Do I Need to File a Form 1065 Partner...  
Subject to Self-Employment Taxes?:    • Do I Pay Self-Employment Taxes on Par...  

For a larger database of tutorials, please visit our website and search for your question:
https://knottlearning.com/

DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended, and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.

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