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November 22, 2023
IRS Form 1065 Explained Simply

Overview Partnerships in the US file Form 1065 to report income, deductions, gains, losses, and other financial information to the IRS each tax year. General partnerships, limited partnerships, limited liability partnerships, limited liability companies, and some join ventures need to file Form 1065. Foreign partnerships are also required to file if it earns over $20,000 in income, or [...]