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F623 006 000 Instructions Form

F623 006 000 Instructions Form

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okay for this video i want to go over a simple tutorial for a form 1065 partnership return for the 2021 tax year so the company that we're going to have in front of us was newly formed in 2021 right so it doesn't have any prior activity it's an llc it's a multi-member llc so it's a partnership so we're going to walk through the financial statements the capital roll forward schedule we'll look at the tax return itself how to populate those various fields what you need to include and then we'll also look at the k-1s and the basis reconciliations or roll forwards for each of the partners so as far as what we have in front of us here obviously we've got the form 1065 in front of us this is for the 2021 tax year so it's a 2021 form 1065. i've also got one slide in front of us that covers kind of the fact pattern we're going to be working with right so some background info on the llc uh who are th

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