Federal housing law
Form 1065 (Schedule K-1) — Partner's Share of Income, Deductions, Credits, etc.
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Jurisdiction
- United States
Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f1065sk1.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).
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| Final K-1 Amended K-1 OMB No. 1545-0123 Schedule K-1 2025 Part III Partner’s Share of Current Year Income, (Form 1065) Deductions, Credits, and Other Items Department of the Treasury 1 Ordinary business income (loss) 14 Self-employment earnings (loss) Internal Revenue Service For calendar year 2025, or tax year beginning / / 2025 ending / / 2 Net rental real estate income (loss) Partner’s Share of Income, Deductions, Credits, etc. 3 Other net rental income (loss) 15 Credits See separate instructions. |
Final K-1 | Amended K-1 OMB No. 1545-0123 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III |
| Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
1 | 1 | Ordinary business income (loss) | Ordinary business income (loss) | Ordinary business income (loss) | 14 | Self-employment earnings (loss) |
| Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
2 | 2 | Net rental real estate income (loss) | Net rental real estate income (loss) | Net rental real estate income (loss) | ||
| Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
Schedule K-1 (Form 1065) 2025 Partner’s Share of Income, Deductions, Credits, etc. Department of the Treasury Internal Revenue Service See separate instructions. OMB No. 1545-0123 For calendar year 2025, or tax year beginning / /2025 ending / / Final K-1 Amended K-1 Partner’s Share of Current Year Income, Deductions, Credits, and Other Items Part III 1 Ordinary business income (loss) 2 Net rental real estate income (loss) 3 Other net rental income (loss) 14 Self-employment earnings (loss) 15 Credits |
3 | 3 | Other net rental income (loss) | Other net rental income (loss) | Other net rental income (loss) | 15 | Credits |
| Information About the Partnership Part I |
Information About the Partnership Part I |
Information About the Partnership Part I |
4a | 4a | Guaranteed payments for services | Guaranteed payments for services | Guaranteed payments for services | ||
| **A ** Partnership’s employer identification number |
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| **A ** Partnership’s employer identification number |
**A ** Partnership’s employer identification number |
**A ** Partnership’s employer identification number |
4b | 4b | Guaranteed payments for capital | Guaranteed payments for capital | Guaranteed payments for capital | 16 | Schedule K-3 is attached if checked . . . . . |
| **B ** Partnership’s name, address, city, state, and ZIP code |
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| **B ** Partnership’s name, address, city, state, and ZIP code |
**B ** Partnership’s name, address, city, state, and ZIP code |
**B ** Partnership’s name, address, city, state, and ZIP code |
4c | 4c | Total guaranteed payments | Total guaranteed payments | Total guaranteed payments | 17 | Alternative minimum tax (AMT) items |
| **B ** Partnership’s name, address, city, state, and ZIP code |
**B ** Partnership’s name, address, city, state, and ZIP code |
**B ** Partnership’s name, address, city, state, and ZIP code |
5 | 5 | Interest income | Interest income | Interest income | ||
| **C ** IRS center where partnership filed return: |
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| **D ** | Check if this is a publicly traded partnership (PTP) | 6a | 6a | Ordinary dividends | Ordinary dividends | Ordinary dividends | |||
| Information About the Partner Part II |
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| **E ** Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.) |
**E ** Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.) |
**E ** Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.) |
6b | 6b | Qualified dividends | Qualified dividends | Qualified dividends | 18 | Tax-exempt income and nondeductible expenses |
| **F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
6c | 6c | Dividend equivalents | Dividend equivalents | Dividend equivalents | Dividend equivalents | Dividend equivalents |
| **F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
6c | 6c | Dividend equivalents | Dividend equivalents | Dividend equivalents | ||
| **F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
7 | 7 | Royalties | Royalties | Royalties | Royalties | Royalties |
| **F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
**F ** Name, address, city, state, and ZIP code for partner entered in E. See instructions. |
7 | 7 | Royalties | Royalties | Royalties | ||
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
8 | 8 | Net short-term capital gain (loss) | Net short-term capital gain (loss) | Net short-term capital gain (loss) | Net short-term capital gain (loss) | Net short-term capital gain (loss) |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
8 | 8 | Net short-term capital gain (loss) | Net short-term capital gain (loss) | Net short-term capital gain (loss) | 19 | Distributions |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
9a | 9a | Net long-term capital gain (loss) | Net long-term capital gain (loss) | Net long-term capital gain (loss) | Net long-term capital gain (loss) | Net long-term capital gain (loss) |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
9a | 9a | Net long-term capital gain (loss) | Net long-term capital gain (loss) | Net long-term capital gain (loss) | ||
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
9b | 9b | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
9b | 9b | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) | Collectibles (28%) gain (loss) | 20 | Other information |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
9c | 9c | Unrecaptured section 1250 gain | Unrecaptured section 1250 gain | Unrecaptured section 1250 gain | Unrecaptured section 1250 gain | Unrecaptured section 1250 gain |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
10 | 10 | Net section 1231 gain (loss) | Net section 1231 gain (loss) | Net section 1231 gain (loss) | ||
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
11 | 11 | Other income (loss) | Other income (loss) | Other income (loss) | ||
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
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| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
12 | 12 | Section 179 deduction | Section 179 deduction | Section 179 deduction | 21 | Foreign taxes paid or accrued |
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
13 | 13 | Other deductions | Other deductions | Other deductions | ||
| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
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| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
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| G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
G General partner or LLC member-manager Limited partner or other LLC member H1 Domestic partner Foreign partner H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name I1 What type of entity is this partner? I2 If this partner is a retirement plan (IRA/ . J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending Profit % % Loss % % Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: Ending Nonrecourse . . $ $ Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . |
22 More than one activity for at-risk purposes* 23 More than one activity for passive activity purposes* |
22 More than one activity for at-risk purposes* 23 More than one activity for passive activity purposes* |
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| **L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
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| **L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
**L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
**L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
*See attached statement for additional information. | *See attached statement for additional information. | *See attached statement for additional information. | *See attached statement for additional information. | *See attached statement for additional information. | *See attached statement for additional information. | *See attached statement for additional information. |
| **L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
**L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
**L ** Partner’s Capital Account Analysis ( ) Beginning capital account . . . $ Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ Ending capital account . . . . $ |
For IRS Use Only | For IRS Use Only | For IRS Use Only | For IRS Use Only | For IRS Use Only | For IRS Use Only | For IRS Use Only |
| **M ** Did the partner contribute property with a built-in gain (loss)? Yes No If “Yes,” attach statement. See instructions. |
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**N ** Partner’s Share of Net Unrecognized Section 704(c) Gain or (Loss) Beginning . . . . . . . . $ Ending . . . . . . . . . $ |
For Paperwork Reduction Act Notice, see the Instructions for Form 1065. www.irs.gov/Form1065 Cat. No. 11394R Schedule K-1 (Form 1065) 2025 Created 2/26/25