To report its transactions for the year, a partnership must file a Form 1065 with the IRS.
Question:
a. When is this return due if the tax year is after 2015?
b. As is the case with individuals and corporations, can a partnership obtain an automatic extension for filing the Form 1065?
c. Does a partnership need to include a Schedule M-3 with its Form 1065? Explain.
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Step by Step Answer:
Form 1065 and related instructions can also be found at wwwirsgov The following answers we...View the full answer
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Related Book For 
South Western Federal Taxation Individual Income Taxes 2017
ISBN: 9781305873988
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
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