how do i file form partnership distribution share schedule k for 2018

Excel File Edit View Insert Format Tools Data Window Help AutoSave OFF PARTNERSHIP TAX RETURN PROBLEMS AND CHECK FIHU Home Insert Draw Page Layout Formulas Data Review View Tell me v Calibri (Body) v 11 A A 2 Wrap Text General [G Paste B 1 U On A SSS Merge & Center $ % ) 88 Cord Form K L M 'N O Sales 873,000 P43 A C D F G H 1 2 3 Mr.X and Yeach invested $50,000 to start a plumbing business on 01/01/2018 4 Prepare 2018 PARTNERSHIP Tax Return from the following information 5 Or 6 Cash 23,000 7 Accounts Receivable 85,000 8 Investment in Stocks/Bonds 30,000 9 Equpment 185,000 10 Accumulated Depreciation 43,000 11 Accounts Payable 120,000 12 Partners Capital 100,000 13 Sales 873,000 14 Interest income 2,500 15 Dividend 16 Cost of sales 450,000 17 Salaries tox 50,000 18 Salaries to Y 50,000 19 Other salaries 85,000 20 Charitable Contribution 1,000 21 Rent 60,000 22 Utilities 18.000 23 Penalties 1,000 24 Advertising 24,000 25 Depreciation-MACRS 43,000 26 Contract Labor 35,000 27 1,140,000 1,140,000 29 Check Figures 30 Cost of sales Salaries to X Salaries to Y Other salaries Charitable Contribution Rent Utilities Penalties Advertising Depreciation-MACRS Contract Labor 450,000 50.000 50,000 85,000 1,000 60,000 13,000 1,000 24,000 43,000 35,000 817,000 56,000 2,500 1,500 1,500 Income Interest income Dividend Net income per books 60,000 www.irs.gov/pub/irs-priorif... Page 4 Total amount Income (Loss) Form 1065 2018 Schedule K Partners' Distributive Share Items 1 1 Ordinary business Income (loss) (page 1, line 22) 2 2 Net rental real estate income (oss) (attach Form 8825) 3a 3a Other gross rental income (oss) b Expenses from other rental activities (attach statement) 3b 30 c Other net rental income (loss). Subtract line 3b from line 3a 4 4 Guaranteed payments 5 Interest income 5 6 Dividends and dividend equivalents: a Ordinary dividends ba b Qualified dividends 6b Dividend equivalents 6c 7 Royalties 7 8 Net short-term capital gain (loss) (attach Schedule D (Form 1065)) 8 a Net long-term capital gain (loss) (attach Schedule D (Form 1065) 9a b Collectibles (28%) gain (loss) 9b c Unrecaptured section 1250 gain (attach statement) 9 10 Net section 1231 gain (loss) (attach Form 4797) 10 11 Other income (loss) (see instructions) Type 11 12 Section 179 deduction (attach Form 4562) 12 13a Contributions 13a Investment interest expense 13b Section 59(0)(2) expenditures: (1) Type 12 Amount 13023 d Other deductions (see Instructions) Type 13d 14a Net camings (loss) from self-employment b Gross farming or fishing income 14b C Gross nonfarm Income 14c 15a Low-income housing credit (section 420(5) 159 Low-income housing credit (other) c Qualified rehabilitation expenditures frontal real estate) (attach Form 3468, if applicable) 15b d Other rental real estate credits (see Instructions 15c Type Other rental credits (see instructions) 15d Type - Other credits (see instructions 150 169 Name of country or U.S. Possession Type 151 Gross income from all sources Gross income sourced at partner level 16b Foreign gross income sourced at partnership level 16 d Section 951A category + Passategory Foreign branch category General Category 16 Deductions located and apportioned at partner level Other latach statement 16h . Interest expense Deductions ocated and apportioned at partnership level to foreign source income Other 16 Pategory Foreign branch category General Category 160 Total foreign to check on Paid Acored Other nachster 160 Reduction in table for creat attach statement Otorgata oration attachement 169 To Post 1966 depreciation adjustment Adgan or loss Deption of and on Employ. Deductions Seif ment 14a Credits 1 Foreign Transactions Section 51 category native mur Tax Items Excel File Edit View Insert Format Tools Data Window Help AutoSave OFF PARTNERSHIP TAX RETURN PROBLEMS AND CHECK FIHU Home Insert Draw Page Layout Formulas Data Review View Tell me v Calibri (Body) v 11 A A 2 Wrap Text General [G Paste B 1 U On A SSS Merge & Center $ % ) 88 Cord Form K L M 'N O Sales 873,000 P43 A C D F G H 1 2 3 Mr.X and Yeach invested $50,000 to start a plumbing business on 01/01/2018 4 Prepare 2018 PARTNERSHIP Tax Return from the following information 5 Or 6 Cash 23,000 7 Accounts Receivable 85,000 8 Investment in Stocks/Bonds 30,000 9 Equpment 185,000 10 Accumulated Depreciation 43,000 11 Accounts Payable 120,000 12 Partners Capital 100,000 13 Sales 873,000 14 Interest income 2,500 15 Dividend 16 Cost of sales 450,000 17 Salaries tox 50,000 18 Salaries to Y 50,000 19 Other salaries 85,000 20 Charitable Contribution 1,000 21 Rent 60,000 22 Utilities 18.000 23 Penalties 1,000 24 Advertising 24,000 25 Depreciation-MACRS 43,000 26 Contract Labor 35,000 27 1,140,000 1,140,000 29 Check Figures 30 Cost of sales Salaries to X Salaries to Y Other salaries Charitable Contribution Rent Utilities Penalties Advertising Depreciation-MACRS Contract Labor 450,000 50.000 50,000 85,000 1,000 60,000 13,000 1,000 24,000 43,000 35,000 817,000 56,000 2,500 1,500 1,500 Income Interest income Dividend Net income per books 60,000 www.irs.gov/pub/irs-priorif... Page 4 Total amount Income (Loss) Form 1065 2018 Schedule K Partners' Distributive Share Items 1 1 Ordinary business Income (loss) (page 1, line 22) 2 2 Net rental real estate income (oss) (attach Form 8825) 3a 3a Other gross rental income (oss) b Expenses from other rental activities (attach statement) 3b 30 c Other net rental income (loss). Subtract line 3b from line 3a 4 4 Guaranteed payments 5 Interest income 5 6 Dividends and dividend equivalents: a Ordinary dividends ba b Qualified dividends 6b Dividend equivalents 6c 7 Royalties 7 8 Net short-term capital gain (loss) (attach Schedule D (Form 1065)) 8 a Net long-term capital gain (loss) (attach Schedule D (Form 1065) 9a b Collectibles (28%) gain (loss) 9b c Unrecaptured section 1250 gain (attach statement) 9 10 Net section 1231 gain (loss) (attach Form 4797) 10 11 Other income (loss) (see instructions) Type 11 12 Section 179 deduction (attach Form 4562) 12 13a Contributions 13a Investment interest expense 13b Section 59(0)(2) expenditures: (1) Type 12 Amount 13023 d Other deductions (see Instructions) Type 13d 14a Net camings (loss) from self-employment b Gross farming or fishing income 14b C Gross nonfarm Income 14c 15a Low-income housing credit (section 420(5) 159 Low-income housing credit (other) c Qualified rehabilitation expenditures frontal real estate) (attach Form 3468, if applicable) 15b d Other rental real estate credits (see Instructions 15c Type Other rental credits (see instructions) 15d Type - Other credits (see instructions 150 169 Name of country or U.S. Possession Type 151 Gross income from all sources Gross income sourced at partner level 16b Foreign gross income sourced at partnership level 16 d Section 951A category + Passategory Foreign branch category General Category 16 Deductions located and apportioned at partner level Other latach statement 16h . Interest expense Deductions ocated and apportioned at partnership level to foreign source income Other 16 Pategory Foreign branch category General Category 160 Total foreign to check on Paid Acored Other nachster 160 Reduction in table for creat attach statement Otorgata oration attachement 169 To Post 1966 depreciation adjustment Adgan or loss Deption of and on Employ. Deductions Seif ment 14a Credits 1 Foreign Transactions Section 51 category native mur Tax Items