July 7, 2020
DO NOT FILE
DRAFT AS OF
DO NOT FILE
DRAFT AS OF
DO NOT FILE
DRAFT AS OF
651119
OMB No. 1545-0123
Schedule K-1
(Form 1065)
2020
Department of the Treasury
Internal Revenue Service
For calendar year 2020, or tax year
beginning
/
/ 2020
ending
/ /
Partner’s Share of Income, Deductions,
Credits, etc.
▶
See separate instructions.
Final K-1 Amended K-1
Information About the Partnership Part I
A 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)
Information About the Partner Part II
E Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.)
F
Name, address, city, state, and ZIP code for partner entered in E. See instructions.
G
General partner or LLC
member-manager
Limited partner or other LLC
member
H1
Domestic partner Foreign partner
H2
If the partner is a disregarded entity (DE), enter the partner’s:
TIN Name
I1
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 sale or exchange of partnership interest . .
K Partner’s share of liabilities:
Beginning Ending
Nonrecourse . . $ $
Qualified nonrecourse
financing . . . $ $
Recourse . . .
$ $
Check this box if Item K includes liability amounts from lower tier partnerships.
L
Partner’s Capital Account Analysis
( )
Beginning capital account . . .
$
Capital contributed during the year
. .
$
Current year net income (loss) . . .
$
Other increase (decrease) (attach explanation)
$
Withdrawals & distributions . . .
$
Ending capital account . . . .
$
M
Did the partner contribute property with a built-in gain or loss?
Yes No If “Yes,” attach statement. See instructions.
N
Partner’s Share of Net Unrecognized Section 704(c) Gain or (Loss)
Beginning . . . . . . . . $
Ending . . . . . . . . . $
Partner’s Share of Current Year Income,
Deductions, Credits, and Other Items
Part III
1
Ordinary business income (loss)
2 Net rental real estate income (loss)
3
Other net rental income (loss)
4a Guaranteed payments for services
4b Guaranteed payments for capital
4c Total guaranteed payments
5 Interest income
6a Ordinary dividends
6b Qualified dividends
6c Dividend equivalents
7 Royalties
8 Net short-term capital gain (loss)
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
14 Self-employment earnings (loss)
15 Credits
16 Foreign transactions
17
Alternative minimum tax (AMT) items
18 Tax-exempt income and
nondeductible expenses
19 Distributions
20 Other information
21
More than one activity for at-risk purposes*
22
More than one activity for passive activity purposes*
*See attached statement for additional information.
For IRS Use Only
For Paperwork Reduction Act Notice, see Instructions for Form 1065. www.irs.gov/Form1065 Cat. No. 11394R Schedule K-1 (Form 1065) 2020
