From partner/member transactions, investments, uniform capitalization rules, long-term contracts, elections, foreign transactions, distributions/basis adjustments and a plethora of other complex partnership matters, this checklist is a comprehensive tool to use when preparing a complex Form 1065, U.S. Return of Partnership Income. It’s also useful when working with a new client while you are in the discovery phase of your engagement.
The template is available as a fillable PDF and in Word (for Word versions, see the 2025 Annual Tax