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Mr. Tom Owens and his partner Frank Klufa operate a firm that manufactures reproductions of antique furniture. The business name for this partnership is Faux
Mr. Tom Owens and his partner Frank Klufa operate a firm that manufactures reproductions of antique furniture. The business name for this partnership is Faux Antiques 1012 East Main Widener, NY 42714. For 2019 the business records reflect the following items of revenue and expenses. Mr. Owens shares 60% of profit, losses and capital in Faux Antiques, Mr. Klufa owns the remaining 40%. Please prepare page 1 of the 2019 Form 1065 and any requires Schedule K-1 for the two partners share of the partnership. Revenue from furniture
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