In this video, we'll walk you through how to fill out the IRS Form 1065 Partnership Tax Return. What is form 1065? IRS Form 1065 along with multiple various schedules is the base form used when filing partnership taxes. This example is based on a YouTube business conducted by two partners who split the business 50/50. At a minimum, Form 1065, Schedule B1, and Schedule K1 are required to be filed each and every year. Depending on your specific situation, there are additional forms that may be required as well. If you have a complicated tax situation, please consider consulting with a tax professional to ensure your Form 1065 and all other associated forms are filed correctly.

Here are all of the IRS Forms you will need in this example, to include:
IRS Form 1065
IRS Form 1065 Instructions
IRS Form Schedule B1
IRS Form Schedule K1
https://www.irs.gov/formspubs/about...

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DISCLOSURE: We are not financial advisers. The ideas presented in this video are for entertainment purposes only. Although the information is researched and vetted beforehand, it may not be up to date at the time of viewing. Please do your due diligence and research on the topic. You (and only you) are responsible for the financial decisions that you make.