Missouri Partnership Return of Income

Partnership Return of Income
Form MO-1065 - 2023 Partnership Return of Income
Reset Form

Print Form

Department Use Only

Form
MO-1065

(MM/DD/YY)

2023 Partnership Return of Income
Missouri Partnership Return of

Beginning

Ending

Income for 2023

(MM/DD/YY)

(MM/DD/YY)

Federal Employer

Missouri Tax

I.D. Number

I.D. Number

(if applicable)

Partnership
Name
Address
State

City

-

ZIP

Select Applicable Boxes. Failure to select the address change box may result in mailings going to the last address on file.
Select this box if you have an approved federal extension. Attach a copy of the approved Federal Extension (Form 7004).
Amended Return

Name Change

Address Change

Final Return

Composite

Filing Instructions

If you are a Limited Liability Company being taxed as a partnership, please select this box.

1.	 Does the Partnership have any Missouri modifications?....................................................................................
	 If Yes, complete Lines 1–13 on pages 1 and 2, and the partner information on page 3.

Yes

No

2.	 Does the Partnership have any nonresident partners?......................................................................................
	 If Yes, complete Lines 1–13 on pages 1 and 2, the partner information on page 3, and Form MO‑NRP.

Yes

No

Partnership Adjustments

Additions
	1a.	State and local income taxes deducted on Federal Form 1065...... 	 1a
	1b.	Less: Kansas City & St. Louis earnings taxes.
		Enter Lines 1a less 1b on Line 1....................................................... 	 1b	

.

00

.

00

1

.

00

	2a.	State and local bond interest (except Missouri).............................. 	 2a		
. 00
	2b.	Less: related expenses (omit if less than $500)
		Enter Line 2a less Line 2b on Line 2............................................... 	 2b	2
. 00
. 00
	 3.	

Partnership
Fiduciary
Other adjustments (list _______________________)	 3	
	 4.	Donations claimed for the Food Pantry Tax Credit deducted from federal taxable income,
	 	Section 135.647, RSMo...................................................................................................................	 4

.

00

.

00

	 5.	Total of Lines 1 through 4.................................................................................................................	5
Subtractions
	6a.	Interest from exempt federal obligations..........................................	 6a	
. 00

.

00

6	

.

00

	 7.	Amount of any state income tax refund included in federal ordinary income....................................	 7	

.

00

	6b.	Less: related expenses (omit if less than $500)
		Enter Line 6a less Line 6b on Line 6.................................................	 6b	

	

Page 1

.

00

Partnership Adjustments

Subtractions (continued)
8.	

Partnership

Fiduciary

	

Other adjustments (list _____________________________________________________)	

8	

.

00

9.	 Missouri depreciation basis adjustment (Section 143.121.3(7), RSMo)...........................................	 9	

.

00

10.	Total Subtractions - Add Lines 6 through 9.......................................................................................	 10

.

00

11.	Missouri Partnership adjustment — Net Addition — excess Line 5 over Line 10..............................	 11	

.

00

12.	Missouri Partnership adjustment — Net Subtraction — excess Line 10 over Line 5.........................	 12	

.

00

13.	Agriculture Disaster Relief (Section 143.121.3(10), RSMo).............................................................	 13	

.

00

Under penalties of perjury, I declare that the above information and any attached supplement is true,
complete, and correct.

A	

Department Use Only
S	E	
R	
N

I authorize the Director of Revenue or delegate to discuss my return and attachments with the preparer or any
member of his or her firm, or if internally prepared, any member of the internal staff................................................................	

Yes	

No

Signature

Signature

of General
Partner

Printed
Name
Date Signed

Telephone
Number
Preparer’s Signature
(Including Internal Preparer)

(MM/DD/YY)
Preparer’s FEIN,
SSN, or PTIN

Address
(City, State, Zip Code)
Telephone
Number

Date Signed
(MM/DD/YY)

Did you pay a tax return preparer to complete your return, but they failed or were unwilling to sign the return
or provide their Internal Revenue Service preparer tax identification number? If you marked yes, please insert
their name, address, and phone number in the applicable sections of the signature block above.  . . . . . . . . . . 

Page 2

Yes

No

Partnership
Name
Federal Employer
I.D. Number

Allocation of Missouri Partnership Adjustment to Partners

	

1. Name of each partner. All partners
must be listed. Use attachment if necessary.

2. Select if
partner is
nonresident

3. Social Security Number

4.
Partner’s
Share %

5. Partner’s Adjustment
Addition

Subtraction

	a)	

%	

00

	b)	

%	

00

	c)	

%	

00

	d)	

%	

00

	e)	

%	

00

	f)	

%	

00

	g)	

%	

00

	h)	

%	

00

	i)	

%	

00

	j)	

%	

00

	k)	

%	

00

	l)	

%	

00

	m)	

%	

00

	n)	

%	

00

	o)	

%	

00

	p)	

%	

00

	q)	

%	

00

	r)	

%	

00

	s)	

%	

00

Total	

%	00

Column 4 — Enter percentages from Federal Schedule K‑1(s). Round percentages to whole numbers.
Column 5 — Enter Missouri Partnership adjustment from Form MO-1065, Line 5 or Line 10, as total of Column 5. Multiply each percentage in Column 4 by the total in Column 5. Indicate at the top of Column 5 whether the adjustments are additions or subtractions. The amount after each partner’s name in Column 5 must be reported as a modification by the partner on his or her
Form MO-1040, Individual Income Tax Return, either as an addition to, or subtraction from, federal adjusted gross income.

Mail to: 	
		
		
	
	Phone:	
	 Fax: 	

Taxation Division
P.O. Box 3000	
Jefferson City, MO 65105-3000
(573) 751-1467
(573) 522-1762

E-mail: [email protected]

Form MO-1065 (Revised 12-2023)

Visit dor.mo.gov/taxation/business/tax-types/partnership/ for additional information.

Ever served on active duty in the United States Armed Forces?
If yes, visit dor.mo.gov/military/ to see the services and benefits we offer to all eligible
military individuals. A list of all state agency resources and benefits can be found at
veteranbenefits.mo.gov/state-benefits/.

Page 3

Electronic Filing for Partnership Return of Income
Partnerships may file Missouri Form MO-1065 Partnership Return of Income and attachments electronically. Missouri, in cooperation with the
Internal Revenue Service (IRS), offers a joint federal and state electronic filing of partnership returns through Modernized E-File (MeF).
This system has been developed through a cooperative effort between the IRS, states, and the software community. The system
uses the latest electronic technology and industry standards. A partnership may visit the Department’s website at
dor.mo.gov/taxation/business/tax-types/partnership/ for more information regarding electronic filing as well as a list of approved vendors
that support partnership electronic filing.
General Information
This information is for guidance only and does not state the complete law.
Who Must File Form MO-1065
Form MO-1065 must be filed, if Federal Form 1065 is required to be
filed and the partnership has (1) a partner that is a Missouri resident or
(2) any income derived from Missouri sources, Section 143.581, RSMo.
Items of income, gain, loss, and deduction derived from, or connected with,
sources within Missouri are those items attributable to (1) the ownership or
disposition of any interest in real or tangible personal property in Missouri
or (2) a business, trade, profession, or occupation carried on in Missouri.
Income from intangible personal property, to the extent that such property
is employed in a business, trade, profession, or occupation carried on in
Missouri, constitutes income derived from sources within Missouri.
Short Form — Form MO-1065
If you select “No” on both questions 1 and 2 on Form MO-1065, attach a copy
of Federal Form 1065 and all its schedules, including Schedule K-1. Sign
Form MO-1065 and mail the return.
If you select “Yes” on question 1 on Form MO-1065, Parts 1 and 2
must be completed. If you select “Yes” on question 2 on Form MO-1065,
complete Form MO-NRP. Attach a copy of Federal Form 1065 and all its
schedules, including Schedule K-1. Sign Form MO-1065 and mail the return.
When and Where to File
A Missouri partnership return should be completed after the federal
partnership return is completed. The Missouri partnership return is due no
later than the 15th day of the 4th month fol­low­ing the close of the taxable
year. For partnerships operating on a calendar year basis, the partnership
return is due on or before April 15, 2024. When the due date falls on a
Saturday, Sunday, or legal holiday, the return will be considered timely if filed
on the next business day. Please mail the return to: Missouri Department of
Revenue, P.O. Box 3000, Jefferson City, MO 65105-3000.
Period Covered by the Return
Form MO-1065, Partnership Return of Income, must cover the same period
as the corresponding Federal Form 1065. Indicate the period covered on the
front of the return if other than a calendar year.
Rounding on Missouri Returns
You must round all cents to the nearest whole dollar on your return. For
cents .01 through .49, round down to the previous whole dollar amount. For
cents .50 through .99, round up to the next whole dollar amount. For your
convenience, the zeros have already been placed in the cent columns on the
returns.
Credits
Partners may be entitled to tax credits. These credits must be allocated to
the partners’ percentage of ownership and reported on the Form MO-1040,
Individual Income Tax Return. See Form MO-1040 and Form MO-TC
instructions for further information. You may also access the information at
dor.mo.gov/tax-credits/.

Nonresident Partners
Every partnership, including limited liability companies that are treated as a
partnership by the Internal Revenue Service (IRS), must file Form MO-1NR,
Income Tax Withheld for Nonresident Individual Partners or S Corporation
Shareholders and send in copies of Form MO-2NR, Statement of Income
Tax Payments for Nonresident Individual Partners or S Corporation Shareholders, if it has non­resident individual partners who do not meet one of the
fol­low­ing exceptions:
•	 the nonresident partner, not otherwise required to file a return, elects to
have the Missouri income tax due paid as part of the partnership’s
composite return;
•	 the nonresident partner, not otherwise required to file a return, had
Missouri assignable federal adjusted gross income from the partnership of
less than $1,200 dollars;
•	 the partnership is liquidated or terminated, income was generated by a
transaction related to termination or liquidation, and no cash or prop­erty
was distributed in the current or prior taxable year.
A nonresident partner can re­quest the partnership be exempt from withholding by filing a com­pleted Form MO-3NR, Partnership or S Corporation
Withholding Exemption or Revocation Agree­ment.
Form MO-1NR must be filed by the due date or extended due date for
filing the partnership income tax return. Form MO-3NR must be filed by the
due date for filing the partnership income tax return without regard to an
extension of time to file. Forms may be obtained by contacting: Missouri
Department of Revenue, Taxation Division, P.O. Box 3022, Jefferson City,
MO 65105-3022, or visiting the Department’s website at: dor.mo.gov/forms/.
If you have technical questions concerning the filing of Form MO-1NR and
Form MO-3NR, you may contact the Taxation Division at (573) 751-1467.
Partnerships filing a composite return on behalf of their nonresident partners
should mark the composite return box on Page 1 of the return. The composite
return is filed on the Form MO-1040. Complete instructions can be found on
the Department’s website at: dor.mo.gov/forms/5677_2023.pdf.
Authorization
Select the “yes” box for authorization of release of confidential information for
the Director of Revenue or delegate to discuss this return and attachments
with the preparer whose signature appears on the Form MO-1065 or to any
member of his or her firm, or if internally prepared, any member of the internal
staff. If the authorization box is selected “no”, or if there isn’t a box selected,
the Department of Revenue can only discuss this return with a partner. Refer
to Section 32.057(1), RSMo.
Sign the Return
Form MO-1065, Partnership Return of Income, must be signed by one of
the partners of the partnership or one of the members of the joint venture or
other enterprise. Any member or partner, regardless of position, may sign the
return.
Internet
To obtain information and Missouri tax forms, access our web site at:
dor.mo.gov.
Americans With Disabilities Act (ADA)
The state of Missouri offers a Dual Party Relay Service (DPRS) for
speech or hearing impaired individuals in accordance with the Americans
with Disabilities Act (ADA). An individual with a speech or hearing impairment
may call a voice user at TTY (800) 735-2966.

Page 4

The Missouri deduction will be the difference between the profit/loss as
calculated on the schedule(s) filed with the federal return and the pro forma
schedule(s) described above.

Form MO-1065, Partnership
Return of Income Instructions
Missouri Partnership Adjustment
The addition and subtraction items listed in this section are necessary
Missouri modifications. Completion of the Partnership Adjustment section
will result in the net Missouri partnership adjustment that will be allocated
to the partners on page 3. The partner’s adjustment can only be made
from information available from the partnership. It is necessary for each
partnership having modifications to complete Form MO-1065, Partnership
Adjustment section and Allocation of Missouri Partnership Adjustment to
Partners section, and notify each partner of the adjustment to which he or she
is entitled.
Line 6a - Interest from Exempt Federal Obligations — Interest from direct
obligations of the U.S. Government, such as U.S. savings bonds, U.S.
treasury bills, bonds, and notes are exempt from state taxation under
the laws of the United States. Attach a detailed list or all Federal Form
1099(s). Partnerships that claim an exclusion for interest from U.S.
obligations must identify the specific securities owned (e.g., U.S.
savings bond). A general description, such as “interest on U.S. obligation”
or “U.S. Government securities” is not acceptable. (See 12 CSR 10-2.150
for the taxability of various U.S. Government-related obligations.) A
list of exempt U.S. obligations must be provided to each partner by the
partnership. This list will allow the partner to report the modification on
his or her Form MO-1040, Individual Income Tax Return.
A federally taxed distribution received from a mutual fund investing exclusively in direct U.S. Government obligations is exempt. If the mutual fund
invests in both exempt (direct) and nonexempt (indirect) federal obligations,
the deduction allowed will be the distribution received from the mutual
fund attributable to the direct U.S. Government obligations, as determined by
the mutual fund. A copy of the year-end statement received from the mutual
fund showing the amount of monies received or the percentage of funds
received from direct U.S. Government obligations or a summary statement
received from the mutual fund which clearly identifies the exempt and
nonexempt por­tions of the U.S. Government obligations interest, must be
pro­vided to each partner by the partnership. Note: Failure to attach a copy
of the notification furnished to you that specifically details the amount of the
subtraction being claimed as the distributive share will result in the disallowance
of the deduction.
Line 6b - Related Expenses — In arriving at the amount of related expenses,
the taxpayer may use actual expenses or a reasonable estimate. In general,
the taxpayer should use the same or similar method to that used to compute
related expenses for federal income tax purposes, provided that the method
reasonably reflects related expenses for Missouri-exempt income.
If a taxpayer fails to compute reasonable related expenses, the Director
of Revenue will make an adjustment based on the best information made
available. If sufficient information is not made available or if the taxpayer’s
records do not provide sufficient information, the Director of Revenue will use
the fol­low­ing formula to compute related expenses:
Exempt income  x  Expense items  =  Reduction to exempt income
Total income
The principal expense item in this formula is interest expense; however, the
Direc­tor of Revenue may include other expense items because of the direct
re­la­tionship to the production of exempt income. The taxpayer may propose
an al­ter­­na­tive method provided that it properly reflects the amount of related
expenses.

You must submit the financial statement, schedule(s), the medical license
number (MED) and all federal schedule(s) with your Missouri Form MO-1040
to claim the deduction.
Line 13 - Agriculture Disaster Relief — Enter the share of income received by
a partnership as payment from any program which provides compensation
to agricultural producers who have suffered a loss as the result of a disaster
or emergency. You must attach a copy of the Form 1099 indicating your agricultural payment. Include a schedule with each partner’s name, identification
number, ownership percentage, and their portion of the subtraction. A copy
of this schedule (or its information) must be provided to each partner. The
amount indicated after each partner’s name must be reported as a modification on his or her Form MO-1040, Individual Income Tax Return, Part 1
of the Form MO-A, Line 16. Each partner must attach an explanation for the
adjustment to his or her form. For partners who are companies or trusts, this
amount must be reported on their respective forms.
Allocation of Missouri Partnership
Adjustment to Partners
This section indicates the portion of the Missouri adjustment from
Partnership Adjustments section that is allocated to each partner. Column 4
and the instructions for Column 5 are based upon the usual situation that
a single general profit and loss sharing percentage applies to all partnership
items and related modifications. Attach a detailed explanation (including
extracts from the partnership agreement) if the Column 5 amounts are not
based upon the same single percentage allocation indicated on Federal
Form 1065, Schedule K-1. The explanation must include the non tax
purposes and effects of the special allocation method.
Column 1 - Enter the name of each partner, attach additional sheets if
needed.
Column 2 - Indicate if the partner is a nonresident to the state of Missouri by
marking the box.
Column 3 - Enter the partner’s social security number. If the partner is
another company or trust, enter the federal identification number.
Column 4 - Enter percentage from Federal Form 1065, Schedule K-1. Round
the percentage to the nearest whole number.
Column 5 - Enter Missouri partnership adjustment from the Partnership
Adjustment section, Line 11 or Line 12 on Total line. Enter each partner’s
allocated portion on their respective line by multiplying the percentage
in Column 4 by the Total line in Column 5. Indicate at the top of Column 5
whether the adjustments are either additions or subtractions by marking the
appropriate box. A copy of this part (or its information) must be provided to
each partner. The amount indicated after each partner’s name in Column 5
must be reported as a modification on his or her Form MO-1040, Individual
Income Tax Return, Part 1 of the Form MO-A as a partnership addition on
Line 2 or subtraction on Line 11, to the federal adjusted gross income. Each
partner must attach an explanation for the adjustment to his or her form. For
partners who are companies or trust, this amount must be reported on their
respective forms.

Line 8 - Other
Recreational Marijuana Business Deduction. Enter the amount of any
expenditure that is eligible to be claimed as a federal income tax deduction
but is disallowed by section 280E of the Internal Revenue Code.
Calculating this deduction, you must provide a financial statement/federal
schedule(s) for business profit or loss that the federal govern­ment was unable
to allow as a deduction for marijuana business, as marijuana is a controlled
substance under federal law.

Page 5