This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on December 1, 2014. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 1065?
A: IRS Form 1065 is a tax return form used by partnerships to report their income, deductions, and other relevant information.
Q: What is Schedule C?
A: Schedule C is a supplemental form for Form 1065 used to report additional information for partnerships that are required to file Schedule M-3.
Q: What is Schedule M-3?
A: Schedule M-3 is an additional form used by partnerships to provide more detailed information about their financial activities.
Q: Who is required to file Schedule M-3?
A: Partnerships that meet certain financial thresholds are required to file Schedule M-3 along with their Form 1065.
Q: What is the purpose of Schedule C?
A: The purpose of Schedule C is to provide detailed information related to specific items reported on Schedule M-3.
Q: What kind of information is reported on Schedule C?
A: Schedule C requires partnerships to provide additional details about specific items such as guaranteed payments, capital contributions, and tax-exempt income.
Form Details:
Download a fillable version of IRS Form 1065 Schedule C through the link below or browse more documents in our library of IRS Forms.