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Form or 65 V, Oregon Partnership Return of Income Payment Voucher, 150 2021-2025

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Video instructions and help with filling out and completing Form OR 65 V, Oregon Partnership Return Of Income Payment Voucher, 150

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Instructions and help about oregon partnership form

foreign tax Pros we're going to be talking about guaranteed payments and the mechanics of how they flow through the forms on a 1065 partnership return so uh to get started here we've got a test return set up uh effectively the return is blank there's no trial balance information in we do have two partners that are 50 50 and so let's jump in guaranteed payment uh comes off of the trial balance and that gets reported here on line 10 on schedule um around the 1065 page one and in our sample here we're going to use four thousand dollars for this guaranteed payment and if we happen to have a real estate return rather than uh just regular Trader business this would be on 88.25 instead instead above 1065 page one but so here we go through and we have a a book loss of four thousand dollars for that guaranteed payment next let's flip over to page four of schedule k and here we have the four thousand dollar uh ordinary loss and then the guaranteed

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