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Schedule D Form 1065

Schedule D Form 1065

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all right for this video I wanted to do a walkr of the schedule K1 for a form 1065 so we've got a sample K1 package here which includes a couple of pages and we've also got the form 1040 for this partner so we'll have a look at all the items that are on the K1 and how those get transferred over to the appropriate place on his 1040 so the K1 has page one here and then we've also got a couple pages of footnotes so there's some supplemental information here uh page two page three some additional info as well and the fourth page is information on qbi so that's the qualified business income items that are passing through and we do have a Partners basis worksheet so we'll cover this as well and then lastly we have the schedule K3 notification alerting the partners that K3 is not going to be provided because it qualifies for an except ception so we'll go through all these and of course again we'll we'll have a look at each item and how it gets moved over to the return and then we've also got

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