Enlarge image | 651123 Final K-1 Amended K-1 OMB No. 1545-0123 Schedule K-1 Part III Partner’s Share of Current Year Income, (Form 1065) 2024 Deductions, Credits, and Other Items Department of the Treasury 1 Ordinary business income (loss) 14 Self-employment earnings (loss) Internal Revenue Service For calendar year 2024, or tax year beginning / / 2024 ending / / 2 Net rental real estate income (loss) Partner’s Share of Income, Deductions, 3 Other net rental income (loss) 15 Credits Credits, etc. See separate instructions. Part I Information About the Partnership 4a Guaranteed payments for services A Partnership’s employer identification number 4b Guaranteed payments for capital 16 Schedule K-3 is attached if B Partnership’s name, address, city, state, and ZIP code checked . . . . . 4c Total guaranteed payments 17 Alternative minimum tax (AMT) items 5 Interest income C IRS center where partnership filed return: D Check if this is a publicly traded partnership (PTP) 6a Ordinary dividends Part II Information About the Partner E Partner’s SSN or TIN (Do not use TIN of a disregarded entity. See instructions.) 6b Qualified dividends 18 Tax-exempt income and nondeductible expenses F Name, address, city, state, and ZIP code for partner entered in E. See instructions. 6c Dividend equivalents 7 Royalties G General partner or LLC Limited partner or other LLC 8 Net short-term capital gain (loss) member-manager member 19 Distributions H1 Domestic partner Foreign partner 9a Net long-term capital gain (loss) H2 If the partner is a disregarded entity (DE), enter the partner’s: TIN Name 9b Collectibles (28%) gain (loss) I1 What type of entity is this partner? 20 Other information I2 If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here . 9c Unrecaptured section 1250 gain J Partner’s share of profit, loss, and capital (see instructions): Beginning Ending 10 Net section 1231 gain (loss) Profit % % Loss % % 11 Other income (loss) Capital % % Check if decrease is due to: Sale or Exchange of partnership interest. See instructions. K1 Partner’s share of liabilities: 12 Section 179 deduction 21 Foreign taxes paid or accrued Beginning Ending Nonrecourse . . $ $ 13 Other deductions Qualified nonrecourse financing . . . $ $ Recourse . . . $ $ K2 Check this box if item K1 includes liability amounts from lower-tier partnerships K3 Check if any of the above liability is subject to guarantees or other payment obligations by the partner. See instructions . . . . . 22 More than one activity for at-risk purposes* L Partner’s Capital Account Analysis 23 More than one activity for passive activity purposes* Beginning capital account . . . $ *See attached statement for additional information. Capital contributed during the year . . $ Current year net income (loss) . . . $ Other increase (decrease) (attach explanation) $ Withdrawals and distributions . . . $ ( ) Ending capital account . . . . $ M Did the partner contribute property with a built-in gain (loss)? Yes No If “Yes,” attach statement. See instructions. N Partner’s Share of Net Unrecognized Section 704(c) Gain or (Loss) For IRS Use Only Beginning . . . . . . . . $ Ending . . . . . . . . . $ For Paperwork Reduction Act Notice, see the Instructions for Form 1065. www.irs.gov/Form1065 Cat. No. 11394R Schedule K-1 (Form 1065) 2024 |