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 SC1065 K 1 2020

Sc 1065 Instructions 2020-2025 Form

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Instructions and help about nsf document for south carolina

okay so for this video i wanted to go over the schedule k1 for a partnership form 1065 return i get a lot of questions on on these schedule k ones because taxpayers get them and they kind of don't know how a lot of these numbers are arrived at and what information is reported on here so i'm going to briefly go through the schedule k1 itself and then actually take a look at the return for the partnership so you can see how some of these numbers write in boxes 1 5 6 8 b and so on how are these how are these numbers originally reported on the return itself and then ultimately allocated out to the owners so um you know so we'll start with some of the high level uh pieces to this schedule might be a bit obvious but just for completing this we'll go over them anyway so to start in the top left section here so schedule k1 form 1065 this is a schedule k1 for a partnership return right form 1065 is the partnership tax return filing and that's important be

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