Fill out a Schedule K-1 (Form 1065) for the attached problem.
Final K-1 Amended K-1 OMB No. 1545-0128 Part II Partner's Share of Current Year Income, Deductions, Credits, and Other Items 1 Ordinary business income loss) 15 Credits 2 Net rental real estate income loss) Schedule K-1 2019 (Form 1065) Department of the Treasury Internal Revenue Service For calendar year 2019, or tax year beginning D 2019 ending D Partner's Share of Income, Deductions, Credits, etc. See back of form and separate Instructions. Part 1 Information About the Partnership A Partnership's employer identification number 3 Other net rental income (loss) 16 Foreign transactions 4a Guaranteed payments for services 4b Guaranteed payments for capital B Partnership's name, address, city, state, and ZIP code 4c Total guaranteed payments 5 Interest Income C 6a Ordinary dividends IRS Center where partnership filed return D D Check if this is a publicly traded partnership (PTP) Part II Information About the Partner E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See inst.) 6b Qualified dividends F Name, address, city, state, and ZIP code for partner entered in E. See instructions. 6c Dividend ecuivalents 17 Alternative minimum tax (AMT) itens 7 Royalties 8 Net short-term capital gain (loss! Net long-term capital gain (loss) 18 Tax-exempt income and nondeductible expenses 96 Collectibles (28%) gain floss) G D General partner or LLC Limited partner or other LLC member-manager member H1 Domestic partner Foreign partner H2 D If the partner is a disregarded entity (DE), enter the partner's: TIN Name 11 What type of entity is this partner? If this partner is a retirement plan (RA SEP/Keoghvetc.), check here U 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, 9c Unrecaptured section 1250 gain 10 Net section 1231 gain (loss) 19 Distributions % 11 Other income loss) O 20 Other information K 12 Section 179 deduct on 13 Other deductions Partner's share of abilities: Beginning Ending Nonrecourse . S Qualified nonrecourse financing . . . S Recourse . . . S U Check this box if Item k includes liablity amounts from lower tier partnerships Partner's Capital Account Analysis 14 Self-employment earnings loss Beginning capital account . . . $_ Capital contributed during the year. S Current year net income (loss S Other increase (decrease (attach explanation) Withdrawals & distributions . ..SI Ending capital account. . . 21 U More than one activity for at-risk purposes 22 D More than one activity for passive activity purposes See attached statement for additional information. Did the partner contribute property with a built-in gain or loss? Yes No f "Yes," attach statement. See instructions. Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) Beginning . . . . . . . . $ Ending . . . . . . . . . $ For IRS Use Only Final K-1 Amended K-1 OMB No. 1545-0128 Part II Partner's Share of Current Year Income, Deductions, Credits, and Other Items 1 Ordinary business income loss) 15 Credits 2 Net rental real estate income loss) Schedule K-1 2019 (Form 1065) Department of the Treasury Internal Revenue Service For calendar year 2019, or tax year beginning D 2019 ending D Partner's Share of Income, Deductions, Credits, etc. See back of form and separate Instructions. Part 1 Information About the Partnership A Partnership's employer identification number 3 Other net rental income (loss) 16 Foreign transactions 4a Guaranteed payments for services 4b Guaranteed payments for capital B Partnership's name, address, city, state, and ZIP code 4c Total guaranteed payments 5 Interest Income C 6a Ordinary dividends IRS Center where partnership filed return D D Check if this is a publicly traded partnership (PTP) Part II Information About the Partner E Partner's SSN or TIN (Do not use TIN of a disregarded entity. See inst.) 6b Qualified dividends F Name, address, city, state, and ZIP code for partner entered in E. See instructions. 6c Dividend ecuivalents 17 Alternative minimum tax (AMT) itens 7 Royalties 8 Net short-term capital gain (loss! Net long-term capital gain (loss) 18 Tax-exempt income and nondeductible expenses 96 Collectibles (28%) gain floss) G D General partner or LLC Limited partner or other LLC member-manager member H1 Domestic partner Foreign partner H2 D If the partner is a disregarded entity (DE), enter the partner's: TIN Name 11 What type of entity is this partner? If this partner is a retirement plan (RA SEP/Keoghvetc.), check here U 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, 9c Unrecaptured section 1250 gain 10 Net section 1231 gain (loss) 19 Distributions % 11 Other income loss) O 20 Other information K 12 Section 179 deduct on 13 Other deductions Partner's share of abilities: Beginning Ending Nonrecourse . S Qualified nonrecourse financing . . . S Recourse . . . S U Check this box if Item k includes liablity amounts from lower tier partnerships Partner's Capital Account Analysis 14 Self-employment earnings loss Beginning capital account . . . $_ Capital contributed during the year. S Current year net income (loss S Other increase (decrease (attach explanation) Withdrawals & distributions . ..SI Ending capital account. . . 21 U More than one activity for at-risk purposes 22 D More than one activity for passive activity purposes See attached statement for additional information. Did the partner contribute property with a built-in gain or loss? Yes No f "Yes," attach statement. See instructions. Partner's Share of Net Unrecognized Section 704(c) Gain or (Loss) Beginning . . . . . . . . $ Ending . . . . . . . . . $ For IRS Use Only
