Federal Amended Return or Administrative Adjustment Request (AAR)

Amended Return or Administrative Adjustment Request (AAR)
Form 1065-X (Rev. August 2023)
Form

1065-X

Amended Return or Administrative
Adjustment Request (AAR)

(Rev. August 2023)
Department of the Treasury
Internal Revenue Service

(For use by filers of Forms 1065, 1065-B, and 1066)
Go to www.irs.gov/Form1065X for instructions and the latest information.

For tax year ending
(Enter month and year.)
Employer identification number (EIN)

Name

Please
Type
or
Print

OMB No. 1545-0123

Number, street, and room or suite no. (If a P.O. box, see instructions.)
City or town, state, and ZIP code

Telephone number (optional)

Enter name and address used on original return. (If same as above, write “Same.”)

Internal Revenue Service Center where original return
was filed. If electronically filed, enter “e-filed.”
Partnerships and electing large partnerships (ELPs), enter the number of Schedules K-1 being filed with this return:
REMICs, enter the number of Schedules Q being filed with this return:

Part I

Check the appropriate box (Choose only 1. See instructions.)

For partnership tax years beginning before January 1, 2018 (unless electing into BBA)
TEFRA AAR—go to Section 1
NonTEFRA—go to Section 1

ELPs/REMICs—go to Section 1

For partnership tax years beginning after December 31, 2017 (or that elected into BBA for tax years beginning after November 2,
2015, and before January 1, 2018)
BBA AAR—go to Section 2

NonBBA (see instructions)—go to Part II

Partnership-Partner Amended Return Related to Modification of Another Partnership’s Imputed Underpayment (IU)
Partnership-Partner Amended Return (filed as part of modification of the IU during a BBA audit)—go to Section 3

Section 1—TEFRA/NonTEFRA Determination (for partnership tax years beginning before January 1, 2018)
A Has the partnership made an election to be treated as an ELP under the provisions of section 775?
Yes
No
Do not complete
If “Yes,” the partnership is not subject to TEFRA. Enter the date of the election:
items B through D. Complete items E through G and then go to Part III.
You must determine if the partnership is subject to the rules for consolidated audit proceedings (TEFRA proceedings) under sections
6221 through 6234 (as in effect for tax years beginning before January 1, 2018). See instructions for details.
B Did the partnership have 10 or fewer partners at all times during the tax year? (Note: A husband and wife are considered one
partner for TEFRA purposes.)
Yes
No
C At all times during the partnership’s tax year, were all partners U.S. citizens, resident aliens, C corporations, or estates of
deceased partners?
Yes
No
If the answers to items B and C are “Yes,” the partnership is not subject to TEFRA proceedings. A partnership that is not subject to
TEFRA cannot file an AAR. See instructions for details.
D If the partnership is not otherwise subject to TEFRA, has the partnership filed Form 8893, Election of Partnership Level Tax
Treatment, or its equivalent, to make an election to be treated as a TEFRA partnership?
Yes
No
If the answers to items B and C are “Yes” and the answer to D is “No,” then the partnership is not subject to TEFRA proceedings. If
the answer to item D is “Yes,” enter the tax year that the election to be treated as a TEFRA partnership was originally filed with the
partnership return:
E The partnership is
Subject to TEFRA
Not subject to TEFRA
F Check the applicable box. See instructions:
Amended Return
AAR
G If you are a Tax Matters Partner (TMP) or a Partner With Authority (PWA) filing an AAR on behalf of the pass-through entity, are you
requesting substituted return treatment? (See instructions.)
Yes
No

Go to Part II
For Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 54882S

Form 1065-X (Rev. 8-2023)

Page 2

Form 1065-X (Rev. 8-2023)

Section 2—BBA AAR
A Is the partnership revoking the immediately preceding partnership representative (and/or designated individual, if applicable) and
designating a successor (including the appointment of a designated individual, if applicable) at the same time that this AAR is
being filed?
Yes (Attach Form 8979.)
No
B Do the adjustments on the AAR result in an IU for the reviewed year?
Yes (If “Yes,” go to item C1.)
No (If “No,” go to item D.)
C1 Is the partnership making an election under section 6227(b)(2) to have the adjustments taken into account by the reviewed year partners?
Yes (If “Yes,” go to item D.)
No (If “No,” go to item C2.)
C2 Are there also adjustments that do not result in an IU? (An adjustment does not result in an IU if the result of netting with respect to
any grouping or subgrouping that includes the particular adjustment is a net negative adjustment.)
Yes (Go to item D and then answer item E.)
No (Go to item E.)
D If the partnership is required to provide statements to the reviewed year partners containing their share of the adjustments, by
signing below, the partnership representative declares, under penalties of perjury, that all statements have been provided to the
reviewed year partners as required by the instructions.

Partnership Representative (or Designated Individual, if applicable)

Date

E Is the partnership applying modifications to the IU?
Yes (If “Yes,” attach Form 8980.)
No

Go to Part II
Section 3—Partnership-partner amended return filed as part of modification of the IU during a BBA audit.
See instructions.

Audited partnership name:
EIN of audited partnership:

Reviewed year of audited partnership:

Audit control number:

Go to Part II
Fill in applicable items and use Part V to explain any changes.

Income (Loss)

Part II

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6a
b
c
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9a
b
c
10
11

Amended or AAR Items for Partnerships Filing Form
1065 Only (ELPs and REMICs, use Part III).
Ordinary business income (loss) . . . . . .
Net rental real estate income (loss) . . . . .
Other net rental income (loss) (see instructions) .
Guaranteed payments . . . . . . . . .
Interest income . . . . . . . . . . . .
Ordinary dividends . . . . . . . . . .
Qualified dividends . . . . . . . . . .
Dividend equivalents . . . . . . . . . .
Royalties . . . . . . . . . . . . . .
Net short-term capital gain (loss) . . . . . .
Net long-term capital gain (loss) . . . . . .
Collectibles (28%) gain (loss) . . . . . . .
Unrecaptured section 1250 gain (see instructions)
Net section 1231 gain (loss)
. . . . . . .
Other income (loss) (see instructions) . . . .

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(a) As originally
(b) Net change—
reported on Schedule K increase or (decrease)—
or as previously adjusted
explain in Part V

(c) Correct amount

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5
6a
6b
6c
7
8
9a
9b
9c
10
11
Form 1065-X (Rev. 8-2023)

Page 3

Alternative Minimum Tax (AMT) Items

Foreign
Transactions

Credits

Self-Employment

Deductions

Form 1065-X (Rev. 8-2023)

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13a
b
c
d
e

Section 179 deduction . . . .
Cash contributions . . . . .
Noncash contributions . . . .
Investment interest expense . .
Section 59(e) expenditures . . .
Other deductions (see instructions)

14a
b
c
15a
b
c
d
e
f

Net earnings (loss) from self-employment . . . . .
Gross farming or fishing income . . . . . . . .
Gross nonfarm income . . . . . . . . . . .
Low-income housing credit (section 42(j)(5)) . . . .
Low-income housing credit (other) . . . . . . .
Qualified rehabilitation expenditures (rental real estate)
Other rental real estate credits (see instructions) . . .
Other rental credits (see instructions) . . . . . .
Other credits (see instructions)
. . . . . . . .
Attach Schedule K-2 (Form 1065), Partners’ Distributive
Share Items—International, and check this box to
indicate that you are reporting items of international tax
relevance
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14a
14b
14c
15a
15b
15c
15d
15e
15f

Post-1986 depreciation adjustment .

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17a

b

Adjusted gain or loss .

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17b

c

Depletion (other than oil or gas)

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17c

d

Oil, gas, and geothermal properties—gross income .

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17d

e

Oil, gas, and geothermal properties—deductions

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17e

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17a

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Other Information

f Other AMT items (see instructions) . . . . . . .
18a Tax-exempt interest income . . . . . . . . .
b Other tax-exempt income . . . . . . . . . .
c Nondeductible expenses . . . . . . . . . .
19a Distributions of cash and marketable securities . . .
b Distributions of other property . . . . . . . . .
20a Investment income . . . . . . . . . . . .
b Investment expenses . . . . . . . . . . . .
c Other items and amounts (see instructions) . . . .
21
Total foreign taxes paid or accrued . . . . . . .
Note: Amended Schedules K-1: See instructions for when required.

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13a
13b
13c
13d
13e

17f
18a
18b
18c
19a
19b
20a
20b
20c
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Form 1065-X (Rev. 8-2023)

Page 4

Form 1065-X (Rev. 8-2023)

Part III

Amended or AAR Items for ELPs and REMICs Only
(b) As originally
reported or as previously
adjusted

(a) Description of item being amended or
adjusted (see instructions)

1
2
3
4
5

(c) Net change—
increase or (decrease)—
explain in Part V

(d) Correct amount

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2
3
4
5

Tax and Payments (see instructions)
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7
8
9
10
11
12
13
14
15

ELPs ONLY: Tax and other payments . . . . .
REMICs ONLY: Tax on net income from prohibited
transactions . . . . . . . . . . . . . .
REMICs ONLY: Tax on net income from foreclosure
property . . . . . . . . . . . . . . .
REMICs ONLY: Tax on contributions after the startup
day . . . . . . . . . . . . . . . . .

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7
8

9
Total tax . . . . . . . . . . . . . . .
10
Tax paid with Form 7004 . . . . . . . . . .
11
Tax paid with (or after) the filing of the original return
. . . . .
Add lines 11 and 12, column (d) . . . . . . . . . . . .
Overpayment, if any, as shown on original return or as later adjusted
Subtract line 14 from line 13 . . . . . . . . . . . . . .

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14
15

Tax due. Subtract line 15 from line 10, column (d). For details on how to pay, see instructions .
Overpayment. Subtract line 10, column (d), from line 15 . . . . . . . . . . . . .

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Tax Due or Overpayments (see instructions)
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17

Note: Amended Schedules K-1 or Schedules Q. File amended Schedules K-1 or Schedules Q with Form 1065-X. If the ELP or
REMIC is filing Form 1065-X for an AAR, do not furnish the amended Schedules K-1 or Schedules Q to the partners or residual
interest holders. If the REMIC is not filing for an AAR and is not subject to the rules for consolidated audit proceedings under sections
6221 through 6231 (as in effect November 1, 2015), the REMIC must furnish the amended Schedules Q to its residual interest holders.
See instructions for details.

Part IV
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2
3
4

IU Under the Centralized Partnership Audit Regime (see instructions)

IU . . . . . . . . . . . .
Total amount due . . . . . . .
Total payment . . . . . . . .
Balance due (subtract line 3 from line 2)

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Under penalties of perjury, I declare that I have filed an original return and that I have examined this amended return, or AAR including accompanying
schedules and statements, and to the best of my knowledge and belief, this amended return or AAR is true, correct, and complete. Declaration of
preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Sign
Here

Signature of current Partnership Representative (or Designated
Individual, if applicable), LLC member, or Partner

Date

Title

Print/Type name of Partnership Representative

Paid
Preparer
Use Only

Print/Type preparer’s name

Preparer’s signature

Date

Check
if
self-employed

Firm’s name

Firm’s EIN

Firm’s address

Phone no.

PTIN

Form 1065-X (Rev. 8-2023)

Form 1065-X (Rev. 8-2023)

Part V

Page 5

Explanations—Enter the Part II or Part III line number before each item you are changing, and give a reason
for the change. For partnerships, show the box number and code used to report the item on Schedule K-1.
Show any computation in detail. Also, show how the IU was calculated and how modifications were applied.
If more space is needed, continue your explanations on additional pages.

Form 1065-X (Rev. 8-2023)