To complete a partnership tax return, Which form is completed first? the 1040 or 1065
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1065 because that is due 3/15 and then the K1 goes into 1040 due 4/15. Some times the 1065 is put on extension and that will extend the 1040 as well.Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR -
TheTaxBook has a chapter on partnerships including a basic worked-through example, this is a good place to start as you learn about preparing partnership returns."You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe HowardComment
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