1065 K-1 : Partner's Share of Income, Deductions, Credits, etc.

 

FDX / Data Structures / Tax1065K1
Form 1065 K-1, Partner's Share of Income, Deductions, Credits, etc.
Extends and inherits all fields from Tax  
Tax1065K1 Properties
#IdTypeDescription
1fiscalYearBeginDateStringFiscal year begin date
2fiscalYearEndDateStringFiscal year end data
3finalK1booleanFinal K-1
4amendedK1booleanAmended K-1
5partnershipTinstringBox A, Partnership's employer identification number
6partnershipNameAddressNameAddressBox D, Partnership's name, address, city, state, and ZIP code
7irsCenterstringBox C, IRS Center where partnership filed return
8publiclyTradedbooleanBox D, Check if this is a publicly traded partnership (PTP)
9partnerTinstringBox E, Partner's SSN or TIN
10partnerNameAddressNameAddressBox F, Name, address, city, state, and ZIP code for partner entered in box E
11generalPartnerbooleanBox G, General partner or LLC member-manager
12limitedPartnerbooleanBox G, Limited partner or other LLC member
13domesticbooleanBox H1, Domestic partner
14foreignbooleanBox H1, Foreign partner
15disregardedEntitybooleanBox H2, Check if the partner is a disregarded entity (DE), and enter the partner's TIN and Name
16disregardedEntityTinstringBox H2, Disregarded entity partner's TIN
17disregardedEntityNamestringBox H2, Disregarded entity partner's Name
18entityTypestringBox I1, What type of entity is this partner?
19retirementPlanbooleanBox I2, If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here
20profitShareBeginnumber (double)Box J, Partner's share of profit - beginning
21profitShareEndnumber (double)Box J, Partner's share of profit - ending
22lossShareBeginnumber (double)Box J, Partner's share of loss - beginning
23lossShareEndnumber (double)Box J, Partner's share of loss - ending
24capitalShareBeginnumber (double)Box J, Partner's share of capital - beginning
25capitalShareEndnumber (double)Box J, Partner's share of capital - ending
26decreaseDueToSaleOrExchangebooleanBox J, Check if decrease is due to sale or exchange of partnership interest
27nonrecourseLiabilityShareBeginnumber (double)Box K, Partner's share of liabilities - beginning - nonrecourse
28nonrecourseLiabilityShareEndnumber (double)Box K, Partner's share of liabilities - ending - nonrecourse
29qualifiedLiabilityShareBeginnumber (double)Box K, Partner's share of liabilities - beginning - qualified nonrecourse financing
30qualifiedLiabilityShareEndnumber (double)Box K, Partner's share of liabilities - ending - qualified nonrecourse financing
31recourseLiabilityShareBeginnumber (double)Box K, Partner's share of liabilities - beginning - recourse
32recourseLiabilityShareEndnumber (double)Box K, Partner's share of liabilities - ending - recourse
33includesLowerTierLiabilitybooleanBox K, Check this box if item K includes liability amounts from lower tier partnerships
34capitalAccountBeginnumber (double)Box L, Partner's capital account analysis - Beginning capital account
35capitalAccountContributionsnumber (double)Box L, Partner's capital account analysis - Capital contributed during the year
36capitalAccountIncreasenumber (double)Box L, Partner's capital account analysis - Current year net income (loss)
37capitalAccountOthernumber (double)Box L, Partner's capital account analysis - Other increase (decrease)
38capitalAccountWithdrawalsnumber (double)Box L, Partner's capital account analysis - Withdrawals & distributions
39capitalAccountEndnumber (double)Box L, Partner's capital account analysis - Ending capital account
40bookTaxboolean2018 Box L, Tax basis (IRS removed 2019)
41bookGaapboolean2018 Box L, GAAP (IRS removed 2019)
42book704bboolean2018 Box L, Section 704(b) book (IRS removed 2019)
43bookOtherboolean2018 Box L, Other (explain) (IRS removed 2019)
44bookOtherExplainstring2018 Box L, Other (explain) (IRS removed 2019)
45builtInGainbooleanBox M, Did the partner contribute property with a built-in gain or loss? - Yes
46unrecognizedSection704Beginnumber (double)Box N, Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) - beginning
47unrecognizedSection704Endnumber (double)Box N, Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) - ending
48ordinaryIncomenumber (double)Box 1, Ordinary business income (loss)
49netRentalRealEstateIncomenumber (double)Box 2, Net rental real estate income (loss)
50otherRentalIncomenumber (double)Box 3, Other net rental income (loss)
51guaranteedPaymentServicesnumber (double)Box 4a, Guaranteed payments for services
52guaranteedPaymentCapitalnumber (double)Box 4b, Guaranteed payments for capital
53guaranteedPaymentnumber (double)Box 4c, Total guaranteed payments
54interestIncomenumber (double)Box 5, Interest income
55ordinaryDividendsnumber (double)Box 6a, Ordinary dividends
56qualifiedDividendsnumber (double)Box 6b, Qualified dividends
57dividendEquivalentsnumber (double)Box 6c, Dividend equivalents
58royaltiesnumber (double)Box 7, Royalties
59netShortTermGainnumber (double)Box 8, Net short-term capital gain (loss)
60netLongTermGainnumber (double)Box 9a, Net long-term capital gain (loss)
61collectiblesGainnumber (double)Box 9b, Collectibles (28%) gain (loss)
62unrecaptured1250Gainnumber (double)Box 9c, Unrecaptured section 1250 gain
63net1231Gainnumber (double)Box 10, Net section 1231 gain (loss)
64otherIncomeArray of CodeAmountBox 11, Other income
65section179Deductionnumber (double)Box 12, Section 179 deduction
66otherDeductionsArray of CodeAmountBox 13, Other deductions
67selfEmploymentArray of CodeAmountBox 14, Self-employment earnings (loss)
68creditsArray of CodeAmountBox 15, Credits
69foreignCountrystringBox 16, Foreign country
70foreignTransactionsArray of CodeAmountBox 16, Foreign transactions
71amtItemsArray of CodeAmountBox 17, Alternative minimum tax (AMT) items
72taxExemptIncomeArray of CodeAmountBox 18, Tax-exempt income and nondeductible expenses
73distributionsArray of CodeAmountBox 19, Distributions
74otherInfoArray of CodeAmountBox 20, Other information
75multipleAtRiskActivitiesbooleanBox 21, More than one activity for at-risk purposes
76multiplePassiveActivitiesbooleanBox 22, More than one activity for passive activity purposes
Tax1065K1 Usage:

 

OFX / Types / Tax1065K1_V100
#TagType
1 SRVRTID ServerIdType
2 TAXYEAR YearType
3 VOID BooleanType
4 CORRECTED BooleanType
5 FINALK1 BooleanType
6 AMENDEDK1 BooleanType
7 PARTNERSHIPNAME GenericNameType
8 PARTNERSHIPEIN GenericNameType
9 PARTNERSHIPADDRESS anonymous complex type
10 IRSCENTER GenericNameType
11 PUBLICLYTRADEDPARTNERSHIP BooleanType
12 PARTNERID GenericNameType
13 PARTNERINFO anonymous complex type
14 GENERALPARTNER BooleanType
15 LIMITEDPARTNER BooleanType
16 DOMESTICPARTNER BooleanType
17 FOREIGNPARTNER BooleanType
18 DISREGARDEDENTITY BooleanType
19 DISREGARDEDENTITYTIN GenericNameType
20 DISREGARDEDENTITYNAME GenericNameType
21 PARTNERENTITYTYPE GenericNameType
22 PARTNERISRETIREMENTPLAN BooleanType
23 PARTNERSSHAREPROFITLOSSCAPITAL anonymous complex type
24 PARTNERSHARELIAB anonymous complex type
25 PARTNERSCAPITALACCT anonymous complex type
26 PARTNERCONTRIBPROP BooleanType
27 UNRECOGNIZEDSECTION704BEGIN AmountType
28 UNRECOGNIZEDSECTION704END AmountType
29 ORDINARYINCOME AmountType
30 NETRENTALREINCOME AmountType
31 OTHERRENTALINCOME AmountType
32 GUARANTEEDPAYMENTSERVICES AmountType
33 GUARANTEEDPAYMENTCAPITAL AmountType
34 GUARANTEDPAYMENT AmountType
35 INTEREST AmountType
36 ORDINARYDIVIDEND AmountType
37 QUALIFIEDDIVIDEND AmountType
38 ROYALTIES AmountType
39 NETSTCAPITALGAIN AmountType
40 NETLTCAPITALGAIN AmountType
41 COLLECTIBLES AmountType
42 UNRECAPSEC1250GAIN AmountType
43 NETSEC1231GAIN AmountType
44 OTHERINCOMELOSS CodeAmountType
45 SEC179DEDUCT AmountType
46 OTHERDEDUCTIONS CodeAmountType
47 SELFEMPLOY CodeAmountType
48 CREDITS CodeAmountType
49 FOREIGNCOUNTRY GenericNameType
50 FOREIGNTRANSACTIONS CodeAmountType
51 AMTITEMS CodeAmountType
52 TAXEXEMPT CodeAmountType
53 DISTRIBUTIONS CodeAmountType
54 OTHERINFO CodeAmountType
55 DIVIDENDEQUIVALENTS AmountType
56 FISCALYEARBEGIN DateTimeType
57 FISCALYEAREND DateTimeType
58 MULTIPLEATRISKACTIVITIES BooleanType
59 MULTIPLEPASSIVEACTIVITIES BooleanType
Usages:

 

FIRE

This form is not reported in the IRS FIRE system.

Reference Number Irs Form or Schedule Description Record Format Sign
447 K-1 Spouse 0 N/A
446 K-1 Schedule K-1 Worksheet 1 +
448 K-1 Ordinary income/loss 1 +/-
449 K-1 Rental real est. inc/loss 1 +/-
450 K-1 Other rental income/loss 1 +/-
451 K-1 Interest income 1 +
452 K-1 Dividends 1 +
453 K-1 Net ST capital gain/loss 1 +/-
454 K-1 Net LT capital gain/loss 1 +/-
455 K-1 Guaranteed payments 1 +
456 K-1 Net sec 1231 gain/loss 1 +/-
527 K-1 Royalties 1 +
528 K-1 Tax-exempt interest 1 +
674 K-1 28% rate gain(loss) 1 +/-
675 K-1 Qualified 5-year gain 1 +/-
676 K-1 Other Income (loss) 1 +/-
679 K-1 Total Foreign Taxes 1 -
457 K-1 Partnership or S corp name 2 N/A

 

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