*20000665*
PART III
Partner’s Share of Current Year Income, Deductions,
Credits, and Other Items
Owner’s Share of
Income, Deductions, Credits, etc.
SEE INSTRUCTIONS
Tax year beginning _________________, 2020 and ending _________________, 20_____
SCHEDULE
K-1
(Form 65)
6
QIP
6
Final K-1
6
Amended K-1
2020
Distributive share allocated and
apportioned to Alabama
G Ordinary income (loss)
H Net rental real estate income (loss)
I Guaranteed payments
J Portfolio income
6
QIP Exempt Income
K Net capital gain (loss)
L Other income (loss)
M Nonbusiness items
N Section 179 Deduction
6
Nondeductible
O Contributions
P Investment interest expense
Q Other deductions
R Oil and gas depletion
S Casualty losses
T Tax-exempt income
U Nondeductible expenses
V Distributions
W Investment income
X Investment expenses
Y Other items and amounts
Z Composite payment made on partner’s
behalf
6
NRC-Exempt
Distributive share to be reported by
Alabama Residents
G2 Ordinary income (loss)
H2 Net rental real estate income (loss)
I2 Guaranteed payments
J2 Portfolio income
K2 Net capital gain (loss)
L2 Other income (loss)
M2 Nonbusiness items
N2 Section 179 Deduction
6
Nondeductible
O2 Contributions
P2 Investment interest expense
Q2 Other deductions
R2 Oil and gas depletion
S2 Casualty losses
T2 Tax-exempt income
U2 Nondeductible expenses
V2 Distributions
W2 Investment income
X2 Investment expenses
Y2 Other items and amounts
ALABAMA DEPARTMENT OF REVENUE
INCOME TAX ADMINISTRATION DIVISION
ADOR
A Partnership’s Employer Identification Number
B Partnership’s name, address, city, state, and zip code
C Partner’s identifying number (Do not use TIN of a disregarded entity)
D Partner’s Name
Street
City State Zip
E 1. 6 General partner or LLC 6 Limited partner or other LLC
member manager member
2. What type of entity is this partner?
6
Nominee
3. If this partner is a retirement plan (IRA/SEP/etc.) check here
6
4. Partner’s share of profit, loss, and capital:
Beginning Ending
Profit % _____________ Profit % _____________
Loss % _____________ Loss % _____________
Capital % ___________ Capital % ___________
5. Partner’s share of liabilities at year end:
Nonrecourse $
Qualified nonrecourse financing $
Recourse $
6. Check if partner is a nonresident 6
If a nonresident, provide state of legal residence
7. Check if partner is a disregarded entity 6
Partner’s Name
FEIN
8. Partner’s capital account analysis:
Beginning capital account $
Capital contributed during the year $
Current year increase (decrease) $
Withdrawals and distributions $ ( )
Ending capital account $
F Credits from Schedule PC
Code Maximum Allowable
1.
2.
3.
PART I Information About the Partnership
PART II Information About the Partner
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