Form 1067 Partnership Tax Returns

Determine if the person is a general partner, limited partner or LLC member.
Look for the recourse debt to ensure viability of payments if something happens to the Partnership.

K–1

 Partner’s Share of Income
W-2 Wage and Tax Statement (Guaranteed payments)
1099 Miscellaneous Income (Guaranteed payments)
Schedule A Cost of Goods Sold
Schedule B Other Information
Schedule K Partner’s Share of Income
Schedule L Balance Sheets
Schedule M-1 Reconciliation of Income per Books
Schedule M-2 Reconciliation of Partners’ Capital Accounts
Schedule D Capital Gains and Losses
4562 Depreciation and Amortization
4797 Sale of Business Property
8825 Rental Real Estate and Expenses