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JaiyaJanuary 7, 2025
What Is IRS Form 1065? A Simple Guide for Business Owners

Overview IRS Form 1065 is used by partnerships to report their annual income, deductions, and other financial activity. This filing requirement generally applies to general partnerships, limited partnerships, limited liability partnerships, LLCs taxed as partnerships, and certain joint ventures. Foreign partnerships may also be required to file if they earn at least $20,000 in U.S. income or if [...]