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Iowa Partnership Schedule K-1 - 41-018
Extracted from PDF file 2023-iowa-form-ia-1065-schedule-k1.pdf, last modified June 2022Partnership Schedule K-1 - 41-018
2023 IA 1065 Schedule K-1 Partner’s Share of Iowa Income, Deductions, Modifications tax.iowa.gov Part I: General Information Partnership or Limited Liability Company Information: Legal Name Federal Employer Identification Number (FEIN) Amended K-1 Partner Information: Name Address Social Security Number (SSN) or Federal Employer Identification Number (FEIN) Address 2 City State Individual Partner’s Entity Type Corporation ZIP Resident Partner Trust/Estate Nonresident Partner Partnership S corporation Other Other: Enter Dollars and Cents % Partner’s Ownership Percentage.................................................................................................................. Partner’s share of Iowa Receipts.................................................................................................................. 00 Partner’s share of Receipts Everywhere....................................................................................................... 00 Partner’s share of total nonbusiness income................................................................................................ 00 Partnership business Activity Ratio (BAR) from IA 1065, Schedule E, line13............................................... % Yes No Did this Partnership make a Pass-Through Entity Tax (PTET) election for the tax year? Is the Partnership including additional attachments with this K-1? 41-018a (08/08/2023) 2023 IA 1065 Schedule K-1, page 2 Partnership or LLC Name FEIN Partner Name SSN/FEIN Part II: Partner’s Pro Rata Share Items Completed Iowa Schedule K-1s (including additional attachments) for all partners must be included with the IA 1065 Partnership Return. (a) Federal/All-source amounts Income/Adjustments 1. Ordinary business income/(loss).............................................. 2. Net rental real estate income/(loss).......................................... 3. Other net rental income/(loss).................................................. 4. Total guaranteed payments for services................................... 5. Total guaranteed payments for capital..................................... 6. Interest income......................................................................... 7. Dividends.................................................................................. 8. Royalties................................................................................... 9. Net short-term capital gain/(loss)............................................. 10. Net long-term capital gain/(loss)............................................... 11. Net section 1231 gain/(loss)..................................................... 12. Other income/(loss).................................................................. Total Income. Add lines 1 through 12........................................... 13. Section 179 deduction.............................................................. 14. Cash contributions.................................................................... 15. Noncash contributions.............................................................. 16. Investment interest expense.................................................... 17. Section 59(e)(2) expenditures.................................................. 18. Other deductions. See instructions.......................................... Total deductions. Add lines 13 through 18.................................. Balance. Total income minus total deductions........................... 19. Iowa modifications.................................................................... 20. Iowa allocated income (not apportioned on lines 1-19)............ (b) Amounts attributable to Iowa 1 00 00 2 00 00 3 00 00 4 00 00 5 00 00 6 00 00 7 00 00 8 00 00 9 00 00 10 00 00 11 00 00 12 00 00 00 00 13 00 00 14 00 00 15 00 00 16 00 00 17 00 00 18 00 00 00 00 00 00 19 00 00 00 20 Part III: 1. Iowa Composite tax paid on behalf of partner on 2023 IA PTE-C:.................................................... 2. Iowa PTET credit reported to partner................................................................................................ 41-018b (08/08/2023) 1 00 2 00 2023 IA 1065 Schedule K-1, page 3 Partnership or LLC Name FEIN Partner Name SSN/FEIN Part IV: Partner’s Portion of Iowa Credits Type of Iowa Credit Certificate Number Current Year Amount 00 00 00 00 00 To The Partner: You may have a filing requirement with the State of Iowa, even if you are not a resident. The partnership is required to file a composite return on behalf of its nonresident partners, except under certain circumstances, and should notify you if they have done so. To claim any composite, PTET or other tax credits, a return must be filed. Filing information for individuals, corporations, and other entities are provided on our website (tax.iowa.gov) or by calling 515-281-3114 or 800-367-3388. 41-018c (08/08/2023)
IA 1065 Schedule K-1 (41-018)
More about the Iowa Form IA 1065 Schedule K1 Corporate Income Tax TY 2023
We last updated the Partnership Schedule K-1 - 41-018 in January 2024, so this is the latest version of Form IA 1065 Schedule K1, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form IA 1065 Schedule K1 directly from TaxFormFinder. You can print other Iowa tax forms here.
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TaxFormFinder has an additional 43 Iowa income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Iowa Form IA 1065 Schedule K1.
| Form Code | Form Name |
|---|---|
| Form IA 1065 | Iowa Partnership Return of Income 41-016 |
View all 44 Iowa Income Tax Forms
Form Sources:
Iowa usually releases forms for the current tax year between January and April. We last updated Iowa Form IA 1065 Schedule K1 from the Department of Revenue in January 2024.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Iowa Form IA 1065 Schedule K1
We have a total of seven past-year versions of Form IA 1065 Schedule K1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2023 Form IA 1065 Schedule K1
IA 1065 Schedule K-1 (41-018)
2022 Form IA 1065 Schedule K1
IA 1065 Schedule K-1 (41-018)
2021 Form IA 1065 Schedule K1
IA 1065 Schedule K-1, 41-018
2020 Form IA 1065 Schedule K1
IA 1065 Schedule K-1, 41-018
2019 Form IA 1065 Schedule K1
IA 1065 Schedule K-1, 41-018
2018 Form IA 1065 Schedule K1
IA 1065 Schedule K-1, 41-018
2017 Form IA 1065 Schedule K1
IA 1065 Schedule K-1, 41-018
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