IT–565i (1/24 revised 2/6/2024)                                                                                         1 of 21

                                Instructions for Partnership Return of Income
                                                          Tax Year 2023

GENERAL INFORMATION
All partnerships doing business in Louisiana or deriving any income from sources therein, must file Form IT-565, Partnership Return 
of Income, pursuant to Louisiana Revised Statute (R.S.) 47:201. Revenue Information Bulletin No. 24-008 provides administrative 
filing relief for eligible partnerships applicable to tax year 2023 and is effective until it is superseded by the adoption of Louisiana 
Administrative Code (LAC) 61:I.1402, which shall govern and be applicable at such time. IT-565 is an informational return and as such, 
the partnership is not subject to the income tax imposed. 
Nonresident Partners
Partnerships having a nonresident individual as a partner must allocate and apportion their income within and without Louisiana 
pursuant to R.S. 47:241 through 247, and the share of any nonresident partner in the net income from Louisiana sources, so computed, 
must be allocated to Louisiana in the return of the nonresident partner. 
A nonresident member of a partnership who does not have a valid agreement on file with Louisiana Department of Revenue (LDR) 
must be included on Schedule B, Included Partner’s Share of Income and Tax, and their income reported on Schedule 6922, Louisiana 
Composite Partnership Return.
Nonresident partners who have a valid agreement or who have other income derived from Louisiana sources, must be listed on 
Schedule A, NOT Included Partner’s Share of Income and Tax, and must include all income derived from Louisiana sources on Form 
IT-540B. 
Fiduciary Partners
Partnerships having a nonresident estate or trust as a partner must allocate and apportion their income within and without Louisiana 
pursuant to R.S. 47:241 through 247, and the share of any nonresident estate or trust partner in the net income from Louisiana sources, 
so computed, must be allocated to Louisiana in the return of the nonresident estate or trust partner. 
Corporate Partners
Partnerships having a corporation as a partner must allocate and apportion their income within and without Louisiana in accordance 
with the formulas and processes prescribed for corporations (R.S. 47:287.2 et seq.) and the share of any corporate partner in the net 
income from Louisiana sources, so computed, must be allocated to Louisiana in the return of the corporate partner. 
Different Computations for Corporate and Non–Corporate Partners 
Because a partnership must compute its income from Louisiana sources differently when it has corporate partners from when it has 
non–corporate partners, this return provides schedules for both computations. Schedules D, E, and G must be used to compute the 
income for non-corporate partners. Schedules H, I, and J must be used to compute the income for corporate partners. Examples of a 
non–corporate partner are individuals, estates, trusts, and partnerships. 
Electronic Filing Mandate
Louisiana Administrative Code 61:III.1507 requires the electronic filing of the partnership return if the total assets of the partnership 
have an absolute value equal to or greater than $250,000.
Revised Statute 47:201.1(F)(4) requires the electronic filing of any return containing Schedule 6922.
When and where the return must be filed
Returns for a calendar year must be filed with the Department of Revenue, P.O. Box 3440, Baton Rouge, LA 70821–3440, on or before 
May 15 of the year following the close of the calendar year. Returns for fiscal years must be filed on or before the 15th day of the fifth 
month after the close of the fiscal period. If the due date falls on a weekend or legal holiday, the return is due on the next business day.
Extensions
If you know you cannot file your return by the due date, you do not need to file for an extension. You will automatically be granted an 
extension of six months to November 15, 2024.
Important: An extension does not relieve you of your obligation to pay all tax amounts due by the original due date. If you 
anticipate that you will owe additional tax on your return, then you should submit your payment with a payment voucher (Form R-6467V) 
by May 15, 2024. An extension means only that you will not be assessed a delinquent filing penalty for filing your return after the due 
date but before the extended due date. Interest on the additional tax due from the due date of the return and any penalties will be 
assessed if applicable. If you file your return after the extended due date, you will be assessed delinquent filing penalty from the original 
due date of the return. NOTE: No paper or electronic extension form needs to be filed to obtain the automatic extension.
Pass-through entity tax election
Revised Statute 47:287.732.2 allows Subchapter S Corporations, and other flow-through entities taxed as partnerships for federal 
income tax purposes, to elect to pay Louisiana income tax at the entity level. An individual, estate, or trust who is a shareholder, 
member, or partner of the entity is allowed to exclude the income taxed at the entity level that is included in their federal adjusted gross 
income or federal taxable income, respectively. Once the election is made, it is effective for the entire taxable year for which it was made 
as well as all subsequent taxable years until the election is terminated. 

IT–565i (1/24 revised 2/6/2024)                                                                                             2 of 21

                                    Instructions for Partnership Return of Income
                                                 Tax Year 2023

An entity must make the election on Form R-6980, Tax Election for Pass-Through Entities, and must receive LDR acceptance of the 
election. See LAC 61:I.1001 for requirements to make the election. The election can be made during the taxable year prior to the taxable 
year in which the election is first effective, during the taxable year in which the election is first effective, or on or before the 15th day of 
the fourth month after the close of the taxable year in which the election is first effective. 
If the income earned by a partnership as a member, shareholder, or partner of an electing entity is passed through to a member, 
shareholder, or partner filing  an individual  or fiduciary income tax return in Louisiana in the same taxable year it is earned, the 
individual, estate or trust is allowed to take the exclusion of the distributed income on their individual or fiduciary income tax return for 
that taxable year. If the income is distributed to a corporation as a member, shareholder, or partner of an electing entity, the income is 
taxable to the corporation. 
FILING REQUIREMENT FOR SCHEDULE 6922, LOUISIANA COMPOSITE PARTNERSHIP RETURN
Partnerships engaging in activities in Louisiana that have nonresident partners are required to file Schedule 6922 unless: 
a.  All nonresident partners are corporations, partnerships, or tax exempt trusts; 
b.  All nonresident individual, estate, and trust partners have a valid agreement on file with the Department of Revenue; or
c.  The partnership made the pass-through entity tax election under R.S. 47:287.732.2.
All nonresident individual, estate, and trust partners who were partners at any time during the taxable year and who do not have a 
valid agreement on file with the Louisiana Department of Revenue (LDR) must be included on the Composite Partnership Return. Mark 
the box on the face of the return indicating that the Composite Partnership return, Schedule 6922, is being filed and complete Line M. 
The agreement, in the form of an affidavit, must include a statement that the taxpayer agrees to timely file a Louisiana Nonresident 
Individual Income Tax Return or a Louisiana Fiduciary Income Tax Return, and make payment of Louisiana Income Tax. See Louisiana 
Administrative Code (LAC) 61:I.1401 available on the Department’s website at www.revenue.louisiana.gov/policies. 
If tax credits are claimed on the composite partnership return:
• ALL nonresident partners must be included on the return and on Schedule B, Included Partner’s Share of Income and Tax. 
• ALL partners, including residents, corporations, and other partnerships must be included on Schedule A, NOT Included Partner’s 
  Share of Income and Tax. 
The following entities cannot be included in a composite partnership return filing:
Corporations are required to file Form CIFT-620, Louisiana Corporation Income and Franchise Tax Return, to report any partnership 
income. 
Resident estates and trusts are required to file Form IT-541, Louisiana Fiduciary Income Tax Return, to report partnership income.
Partners who are themselves partnerships cannot be included in a composite partnership return. These partners must file all applicable 
Louisiana tax returns. Refer to LAC 61:I.1401.
Partners who are Louisiana residents are required to file Form IT-540, Louisiana Resident Individual Income Tax Return, to report 
partnership income. Refer to LAC 61:1.1401.
Payments
An Electronic Funds Transfer (EFT) payment is required for all payments of tax due that exceed $5,000.
Tax rate
A tax rate of 4.25 percent (.0425) is assessed on the total distributive shares for nonresident partners included on Schedule 6922.
SIGNATURES AND VERIFICATION
The return must be signed by the General Partner or Limited Liability Company Member Manager. If receivers, trustees in bankruptcy, 
or assignees are operating the property or business of the partnership, such officials must execute the return for such corporation. 
Telephone numbers of General Partner or Limited Liability Company Member Manager and preparers should be furnished. This 
verification is not required when the return is prepared by a regular full-time employee of the taxpayer.
PAID PREPARER INSTRUCTIONS
If your return was prepared by a paid preparer, that person must also sign in the appropriate space, complete the information in the 
“Paid Preparer Use Only” box and enter his or her identification number in the space provided under the box. If the paid preparer has 
a Preparer Tax Identification Number (PTIN), the PTIN must be entered in the space provided under the box, otherwise enter the 
Federal Employer Identification Number (FEIN) or LDR account number. If the paid preparer represents a firm, the firm’s FEIN must be 
entered in the “Paid Preparer Use Only” box. The failure of a paid preparer to sign or provide an identification number will result in the 
assessment of the unidentified preparer penalty on the preparer. The penalty of $50 is for each occurrence of failing to sign or failing 
to provide an identification number.

IT–565i (1/24 revised 2/6/2024)                                                                                          3 of 21

                                    Instructions for Partnership Return of Income
                                                         Tax Year 2023

INSTRUCTIONS FOR COMPLETING THE RETURN
This return is designed for electronic scanning, which permits faster processing with fewer errors. In order to avoid unnecessary delays 
caused by manual processing, taxpayers should follow the guidelines listed below:
1. Enter amounts only on those lines that are applicable.
2. If completing by hand, use a pen with black ink.
3. All numbers should be rounded to the nearest dollar. 
4. Where appropriate, mark the box to the left of the entry field if the amount is less than zero. Do not use a negative sign or parentheses 
with the amount. For example, if your Federal net income on Schedule D, Line 1 is a $10,000 loss, mark the box on Line 1 and enter 
10,000.
Enter your legal and trade name, address, and LA Revenue Account Number on your return. For the unit type, use postal abbreviations 
such as APT, FL, STE, and RM. If you have a foreign address, enter the city name in the appropriate space. Follow the country’s 
practice for entering the postal code and the name of the province, county, or state. Enter the foreign country name in the appropriate 
space. Don’t abbreviate the country name. If there is a change in your address since last year’s return, mark an “X” in the “Address 
Change” box. A direct address change can be accomplished by marking the “Address Change” box when filing your return, or can be 
submitted by accessing your account at www.revenue.louisiana.gov/latap.
You must file using your 10-digit Louisiana Revenue Account Number. The Federal Employer Identification Number (FEIN) cannot be 
used in place of the Revenue Account Number. A Revenue Account Number can be obtained by using our Online Business Registration 
application available on the LDR’s website at www.revenue.louisiana.gov/latap. 
Period to be covered by return
The return must be filed for a calendar year, or for a fiscal year of 12 months, ending on the last day of any month other than December, 
or for an annual period of 52/53 weeks if records are kept on that basis. Mark the box to indicate a calendar year return or a fiscal 
year return. For fiscal year and 52/53 week filers, the dates on which the reported period begin and end must be plainly stated in the 
appropriate space at the top of the return. The income tax period must be the same as that used for federal income tax purposes.
Returns for part of the year
Mark the appropriate box to indicate the filing of a short period return or a final return. For a short period return, the dates on which the 
reported period begin and end must be plainly stated in the appropriate space at the top of the return. The income tax period must be 
the same as that used for federal income tax purposes. 
Final return
Mark the appropriate box to indicate the filing of a final return. For a final return, the dates on which the reported period begin and 
end must be plainly stated in the appropriate space at the top of the return. The income tax period must be the same as that used for 
federal income tax purposes. Marking the box for a final return does not close your account with LDR. To close a partnership account, 
the partnership must either send the Louisiana Secretary of State written notification of Termination of Registration when they terminate 
or file an Affidavit of Dissolution.
Amended returns
The “Amended Return” box should be clearly marked when filing an amended return. In order to amend the amounts reported for the 
partnership, the taxpayer must file a revised Form IT-565, along with a detailed explanation of the changes and a copy of Federal Form 
1065 or 1065-X, if applicable.
Report of federal adjustments
Revised Statute 47:103(C) requires every taxpayer whose federal return is adjusted to amend the Louisiana return reporting such 
adjustments within 60 days of the final determination of the adjustments by the IRS. The “Amended Due to IRS Audit” box should be 
marked to indicate that an amended return is being filed and a statement should accompany the amended return disclosing the nature 
and amounts of such adjustments.
All filers are required to answer lines A through M
Line B – Enter the amount from Federal Form 1065, Line 23.
Line C – Enter the amount from Federal Form 1065, Line 1 of the Analysis of Net Income (Loss) schedule.
Line F – Enter the corporation’s six digit 2022 North American Industry Classification System (NAICS) Code.
Line H – If you received acceptance of the pass-through entity tax election under R.S. 47:287.732.2, mark the box “yes”. 
Lines J and K – If you answered “yes” to Line J, Line K, or both, you must complete Schedules H, I, and J. If you answered “no” to both 
Lines J and K, do not complete Schedules H, I, and J. 

IT–565i (1/24 revised 2/6/2024)                                                                                                  4 of 21

                                       Instructions for Partnership Return of Income
                                                              Tax Year 2023

Line L – If you answered yes to Line L, you must complete Schedules D, E, and G.
Line M – Enter the total distributable income for nonresident partners from Schedule 6922, Line 1. If Schedule 6922 is not being filed, 
leave Line M blank. 
SCHEDULE A – NOT Included Partner’s Share of Income and Tax
You must complete Schedule A if:
1. You are not including the filing of the Louisiana Composite Partnership return; or
2. You are including the filing of the Louisiana Composite Partnership return and need to report the share of income for each nonresident 
partner who has a valid agreement on file with LDR and is therefore not included on the composite return.
Attach additional sheets if necessary. 
Exception: If tax credits are claimed on the composite return, all nonresident partners must be included on Schedule B regardless 
of having a valid agreement on file. All other partners, including residents, corporations and other partnerships must be included on 
Schedule A.
Partner Number – Begin with number one "1" and use consecutive numbering for each partner required to be listed on this schedule. 
Also, provide a total for all partners on this schedule as applicable. Complete each row with the requested information for each partner. 
ID Type – Enter Social Security Number (SSN) if the partner is an individual. Enter FEIN if the partner is an entity such as a corporation, 
partnership, or trust. 
SSN – If ID type is SSN, enter the Social Security Number of the partner required to be included on this schedule. If ID type is FEIN, 
enter the Federal Employer Identification Number of the partner. 
Name – Enter the full name if the partner is an individual or the legal name of the entity. 
Address, City, State, and ZIP – Enter the mailing address of each partner. 
Partner’s Share of Profit (%) – Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule. 
Partner’s Share of Loss (%) – Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule.
Partner’s Share of Credits (%) – Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule.
Resident of LA for Tax Year – Enter “Yes” or “No”. Enter “No” if the partner is an entity such as a corporation, or partnership. 
Nonresident Partner Agreement on File – Enter “Yes” or “No” indicating whether each nonresident partner has a valid agreement on 
file with LDR. 
Distributable Losses – Enter the amount of distributable losses that were derived from or attributable to sources in this state. Add all 
distributable losses and enter the total for all partners in the Total column.
Distributable Income – Enter the amount of distributable income that was derived from or attributable to sources in this state regardless 
of income being distributed. Add all distributable income and enter the total for all partners in the Total column.
Nonrefundable Priority 1 Credits –     For each partner, enter their share of Nonrefundable Priority 1 Credits. Add the amount of 
Nonrefundable Priority 1 Credits and enter the total for all partners in the Total column.
Schedule NRC-P1 – Refer to the list of nonrefundable credits in the instructions for Schedule NRC-P1. For each nonrefundable credit 
being claimed, enter the identifying three-digit code. Each credit must be listed separately. For each partner, enter their share of the 
applicable credit. Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule 
NRC-P1. The codes listed are not interchangeable with other codes listed in the instructions. 
Refundable Priority 2 Credits – For each partner, enter their share of Refundable Priority 2 Credits from Schedule RC-P2. Add the 
amount of Refundable Priority 2 Credits and enter the total for all partners in the Total column.
Schedule RC-P2 –    Refer to the list of refundable credits in the instructions for Schedule RC-P2. For each refundable credit being 
claimed, enter the identifying code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. 
Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule RC-P2. The codes 
listed are not interchangeable with other codes listed in the instructions. 

IT–565i (1/24 revised 2/6/2024)                                                                        5 of 21

                                     Instructions for Partnership Return of Income
                                                              Tax Year 2023

Nonrefundable Priority 3 Credits –   For each partner, enter their share of Nonrefundable Priority 3 Credits. Add the amount of 
Nonrefundable Priority 3 Credits and enter the total for all partners in the Total column.
Schedule NRC-P3 – Refer to the list of nonrefundable credits in the instructions for Schedule NRC-P3. For each nonrefundable credit 
being claimed, enter the identifying three-digit code. Each credit must be listed separately. For each partner, enter their share of the 
applicable credit. Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule 
NRC-P3. The codes listed are not interchangeable with other codes listed in the instructions. 
Refundable Priority 4 Credits – For each partner, enter their share of Refundable Priority 4 Credits. Add the amount of Refundable 
Priority 4 Credits and enter the total for all partners in the Total column.
Schedule RC-P4 – Refer to the list of refundable credits in the instructions for Schedule RC-P4. For each refundable credit being 
claimed, enter the identifying code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. 
Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule RC-P4. The codes 
listed are not interchangeable with other codes listed in the instructions.
Reconciliation of Partners’ Capital Accounts – Self–explanatory. Attach additional sheets if necessary.
SCHEDULE B – Included Partner’s Share of Income and Tax
The Included Partner’s Share of Income and Tax schedule is used to report the share of income and tax for each nonresident partner 
who does not have a valid agreement on file with LDR. If anything is reported on the Composite Partnership Return, this schedule 
must be completed. Nonresident partners with an agreement on file must be included on the Schedule A. Attach additional sheets if 
necessary.
Exception: If tax credits are claimed on the composite return, all nonresident partners must be included on Schedule B regardless 
of having a valid agreement on file. All other partners, including residents, corporations, and other partnerships must be included on 
Schedule A. 
Partner  Number  –  Begin  with  number  1  and  use  consecutive  numbering  for  each  partner  who  is  a  nonresident  member  of  the 
partnership that is being included on the composite return. Also, provide a total for all partners on this schedule as applicable. Complete 
each row with the requested information for each partner. 
ID Type – Enter the SSN if the partner is an individual. Enter FEIN if the partner is a trust.
SSN – If ID type is SSN, enter the Social Security Number of the partner required to be included on this schedule. If ID type is FEIN, 
enter the Federal Employer Identification Number of the partner. 
Name – Enter the full name if the partner is an individual or the legal name of the trust.
Address, City, State, and ZIP – Enter the mailing address of each partner. 
Partner’s Share of Profit (%) – Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule. 
Partner’s Share of Loss (%) –    Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule.
Partner’s Share of Credits (%) – Enter the year-end percentage of each partner. This percentage is generally based on the partnership 
agreement. Enter the total for all partners on this schedule.
Resident of LA for Tax Year – Enter “Yes” or “No”. Enter “No” if the partner is an entity such as a corporation, or partnership. Resident 
partners cannot be on this schedule. 
Credits Claimed on the Return – Enter “Yes” or “No” indicating whether tax credits earned by the partnership flow through to the 
partners and are being claimed on the composite return. If tax credits are claimed on the composite return, all nonresidents must be 
included on this schedule.
Distributable Losses – Enter the amount of distributable losses that were derived from or attributable to sources in this state. Add all 
distributable losses and enter the total for all partners in the Total column.
Distributable Income – Enter the amount of distributable income that was derived from or attributable to sources in this state regardless 
of income being distributed. Each partner’s share of the composite payment is calculated on this amount. Add all distributable income 
and enter the total for all partners in the Total column.
Income Tax Due – A tax rate of 4.25 percent (.0425) is assessed on the amount of Distributable Income. Calculate the tax due for each 
partner and enter the total for all partners in the Total column.

IT–565i (1/24 revised 2/6/2024)                                                                                               6 of 21

                                  Instructions for Partnership Return of Income
                                                   Tax Year 2023

Nonrefundable Priority 1 Credits – For each partner, enter their share of Nonrefundable Priority 1 Credits. Add the amount of 
Nonrefundable Priority 1 Credits and enter the total for all partners in the Total column.
Schedule NRC-P1 – Refer to the list of nonrefundable credits on Schedule NRC-P1. For each nonrefundable credit being claimed, 
enter the identifying three-digit code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. 
Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule NRC-P1. The codes 
listed are not interchangeable with other codes listed in the instructions. 
Income Tax Due after Nonrefundable Priority 1 Credits – For each partner, subtract Total Nonrefundable Priority 1 Credits from 
Income Tax Due and enter the result. This amount cannot be less than zero. Enter the total for all partners on this schedule. 
Refundable Priority 2 Credits – For each partner, enter their share of Refundable Priority 2 Credits from Schedule RC-P2. Add the 
amount of Refundable Priority 2 Credits and enter the total for all partners in the Total column.
Schedule RC-P2 –  Refer to the list of refundable credits on Schedule RC-P2. For each refundable credit being claimed, enter the 
identifying code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. Enter the total for 
all partners on this schedule.  NOTE: Use only the codes referenced in the table of Schedule RC-P2. The codes listed are not 
interchangeable with other codes listed in the instructions. 
Income Tax Due after Total Refundable Priority 2 Credits – For each partner, subtract Refundable Priority 2 Credits from Income Tax 
Due after Total Refundable Priority 1 Credits and enter the result. This amount cannot be less than zero. Enter the total for all partners 
on this schedule.
Nonrefundable Priority 3 Credits – For each partner, enter their share of Nonrefundable Priority 3 Credits. Add the amount of 
Nonrefundable Priority 3 Credits and enter the total for all partners in the Total column. 
Schedule NRC-P3 – Refer to the list of nonrefundable credits on Schedule NRC-P3. For each nonrefundable credit being claimed, 
enter the identifying three-digit code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. 
Enter the total for all partners on this schedule. NOTE: Use only the codes referenced in the table of Schedule NRC-P3. The codes 
listed are not interchangeable with other codes listed in the instructions. 
Amount Paid on Partner’s Behalf – For each partner, subtract Nonrefundable Priority 3 Credits from Income Tax Due after Total 
Refundable Priority 2 credits and enter the result. This amount cannot be less than zero. Enter the total for all partners on this schedule.
Refundable Priority 4 Credits – For each partner, enter their share of Refundable Priority 4 Credits. Add the amount of Refundable 
Priority 4 Credits and enter the total for all partners in the Total column.
Schedule RC-P4 – Refer to the list of refundable credits on Schedule RC-P4. For each refundable credit being claimed, enter the 
identifying code. Each credit must be listed separately. For each partner, enter their share of the applicable credit. Enter the total for 
all partners on this schedule.  NOTE: Use only the codes referenced in the table of Schedule RC-P4. The codes listed are not 
interchangeable with other codes listed in the instructions.
Reconciliation of Partners’ Capital Accounts – Self–explanatory. Attach additional sheets if necessary.
SCHEDULE C – Other Deductions
Provide a brief description and amount for items included in “Other deductions” reported on Line 21 of Schedule G or Schedule J. Attach 
additional sheets if necessary and enter that subtotal in the appropriate space provided. Enter the total deductions on the Total line. 
GENERAL INSTRUCTIONS FOR SCHEDULES D, E, F, AND G
If you answered “yes” to Page 1, Line L, you must complete Schedules D, E, and G. If a property ratio is required for the apportionment 
percent prescribed for your type of business, you must also complete Schedule F. If you answered “no” to Line L, skip Schedules D, E, 
F, and G and go to Schedule H. 
SCHEDULE D – Reconciliation of Federal and Louisiana Net Income for Partnerships with Non–Corporate Partners
Line 1 – Enter the amount of federal net income from Line 1 of the Analysis of Net Income (Loss) schedule of Federal Form 1065.
Line 2a – Enter the amount of interest and dividend income on obligations of a state, political, or municipal subdivision other than 
Louisiana and its municipalities.
Line 2b – Enter the amount of any other additions to federal net income. A schedule of the items on this line must be supplied.
Line 2c – Add Lines 2a and 2b.
Line 3a – Enter the amount of interest and dividend income from U.S. government obligations.
Line 3b –   Enter the amount of any other subtractions from federal net income. A schedule of the items on this line must be supplied. 

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                                  Instructions for Partnership Return of Income
                                                         Tax Year 2023

IMPORTANT: There is no exclusion from income for a partnership who is a shareholder, member, or partner of an entity that made the 
pass-through entity tax election under R.S. 47:287.732.2.
Line 3c – Add Lines 3a and 3b.
Line 4 – Add Lines 1 and 2c and subtract Line 3c. This amount should agree with Schedule G, Line 23.
SCHEDULE E – Computation of Apportionment Percent for Partnerships with Non–Corporate Partners
The Louisiana income tax law requires the apportionment reporting method when computing the Louisiana portion of a taxpayer’s 
apportionable income, unless it can be clearly demonstrated that the use of the apportionment method produces a manifestly unfair 
result, and permission to use the separate accounting method has been granted by the Secretary.
Such permission, once secured, continues to be effective so long as there is no change in the nature and extent of the Louisiana 
operations or in the taxpayer's relationship to operations outside of this state. A statement of any such changes in operations should 
be communicated immediately to the Secretary of Revenue in order that a redetermination may be made as to whether the separate 
accounting method is permissible.
The statute contemplates that only one specific formula is used in determining the apportionment percent, that being the formula 
prescribed for the taxpayer’s primary business. As a general rule, where a taxpayer is engaged in more than one business, the 
taxpayer’s primary business is that which is the primary source of the taxpayer’s net apportionable income. The class of income 
designated as “apportionable income” is all items of gross income which are not properly includible in allocable income. Therefore 
allocable income is not used in determining which specific formula to use for the apportionment percent, or in the calculations of the 
apportionment percent. For information regarding what types of income are considered allocable income, see the instructions for Line 
24 of Schedule G.
The income tax property ratio is calculated on Schedule F. All other ratios are calculated on Schedule E. On Lines 1D, and 2 through 
5, mark the box if the ratio for that line is not being considered as described below.
For air transportation, use factors (1) and (5); for pipeline transportation, use factors (1), (2), and (5); for other transportation, use factors 
(1) and (5); for service enterprises in which the use of property is not a material income–producing factor, use factors (1) and (2), 
otherwise, use factors (1), (2), and (5); for loan businesses, use factors (2) and (3); for merchandising, and manufacturing, use factors 
(1), (2), (4) and (5); and for other businesses use factors (1), (2), and (5). 
Air transportation – The Louisiana apportionment percent used when net apportionable income is derived primarily from the business 
of transportation by aircraft is the arithmetical average of two ratios, as follows:
(1)  The ratio of the value of immovable and corporeal movable property, other than aircraft, owned, and located in Louisiana, 
         to the value of all immovable and corporeal movable property, other than aircraft, owned and used in the production of 
         apportionable income; and
(2)  The ratio of the amount of gross apportionable income derived from Louisiana sources to the total gross apportionable 
         income. Gross apportionable income from Louisiana sources include all gross receipts derived from passenger journeys and 
         cargo shipments originating in Louisiana, and any other items of gross apportionable income or receipts derived entirely from 
         sources in this state.
Other transportation – The Louisiana apportionment percent used when net apportionable income is derived primarily from the 
business of transportation, other than by aircraft or pipeline, is the arithmetical average of two ratios, as follows:
(1)  The ratio of the value of immovable and corporeal movable property, owned and located in Louisiana, to the value of all 
         immovable and corporeal movable property owned and used in the production of apportionable income; and
(2)  The ratio of the amount of gross apportionable income from Louisiana sources to the total amount of gross apportionable 
         income of the taxpayer. Gross apportionable income from Louisiana sources includes all such income that is derived entirely 
         from sources within this state, and a prorated portion of revenue from transportation partly without and partly within this state.
Service enterprises – The Louisiana apportionment percent used when net apportionable income is derived primarily from a service 
business in which the use of property is not a substantial income–producing factor, is the arithmetical average of two ratios, as follows:
(1)  The ratio of the amount paid for salaries, wages, and other compensation for personal services rendered in Louisiana, to the 
         total amount paid for salaries, wages, and other compensation for personal services in connection with the production of the 
         net apportionable income; and
(2)  The ratio of the gross apportionable income of the taxpayer from Louisiana sources to the total gross apportionable income 
         of the taxpayer. The gross apportionable income from Louisiana sources includes the revenue from services performed in this 
         state, and any other gross income derived entirely from sources within this state.

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                                Instructions for Partnership Return of Income
                                           Tax Year 2023

Loan business – The Louisiana apportionment percent used when net apportionable income is derived primarily from the business of 
making loans shall be the arithmetical average of two ratios, as follows:
(1)  The ratio of the amount paid for salaries, wages, and other compensations for personal services rendered in Louisiana, to 
the total salaries and wages paid in connection with the production of the net apportionable income; and
(2)  The ratio of the amount of loans made in Louisiana to the total amount of loans made everywhere.
Manufacturing and merchandising businesses – The Louisiana apportionment percent used when net apportionable income is 
derived primarily from the business of manufacturing or merchandising is computed by means of the property, salaries and wages, 
and sales ratios described as follows, except that the ratio of net sales shall be double–weighted or counted twice, and the Louisiana 
apportionment percent shall be the arithmetical average of the four ratios. 
 (a)  The ratio of the value of the immovable and corporeal movable property owned by the taxpayer and located in Louisiana, 
to the value of all immovable and corporeal movable property owned by the taxpayer and used in the production of the net 
apportionable income.
(b)  The ratio of the amount paid by the taxpayer for salaries, wages, and other compensation for personal services rendered 
in this state, to the total amount paid by the taxpayer for salaries, wages, and other compensation for personal services in 
connection with the production of net apportionable income.
(c)  The ratio of net sales made in the regular course of business and other gross apportionable income attributable to this state 
to the total net sales made in the regular course of business and other gross apportionable income of the taxpayer. This ratio 
is double–weighted, or counted twice.
The term “business of manufacturing or merchandising” shall only include a taxpayer whose net apportionable income is derived 
primarily from the manufacture, production, or sale of tangible personal property. The term “business of manufacturing or merchandising” 
shall not include:
(a)   A taxpayer subject to the tax imposed pursuant to Chapter 8 of Subtitle II of Title 47 of the Louisiana Revised Statutes of 
1950.
(b)  Any taxpayer whose income is primarily derived from the production or sale of unrefined oil and gas. 
Pipeline transportation and other business – The Louisiana apportionment percent used when net apportionable income is derived 
primarily from the business of transportation by pipeline, or from any business whose apportionment percent is not included elsewhere 
in the Schedule N instructions, is the arithmetical average of three ratios, as follows:
(a)  The ratio of the value of the immovable and corporeal movable property owned and located in Louisiana, to the value of all 
immovable and corporeal movable property owned and used in the production of the net apportionable income.
(b)  The ratio of the amount paid for salaries, wages, and other compensation for personal services rendered in this state, to the 
total amount paid for salaries, wages, and other compensation for personal services in connection with the production of net 
apportionable income.
(c)  The ratio of net sales made in the regular course of business and other gross apportionable income attributable to this state 
to the total net sales made in the regular course of business and other gross apportionable income.
Sales\Revenue Ratio Attribution Information
Sales of goods, merchandise, or property attributable to this state are all sales made in the regular course of business where the 
goods, merchandise, or property are received in this state by the purchaser. In the case of delivery of goods by common carrier or by 
other means of transportation, including transportation by the purchaser, the place at which the goods are ultimately received after 
all transportation has been completed shall be considered as the place at which the goods are received by the purchaser. However, 
direct delivery into this state to a person or firm designated by a purchaser from within or without the state constitutes delivery to the 
purchaser in this state. 
Gross apportionable income attributable to this state derived from the transportation of crude petroleum, natural gas, petroleum 
products, or other commodities for others through pipelines includes all gross revenue derived from operations entirely within this state 
plus a portion of any revenue from operations partly within and partly without this state, based upon the ratio of the number of units of 
transportation service performed in Louisiana in connection with such revenue to the total of such units. A unit of transportation service 
shall be the transporting of any designated quantity of crude petroleum, natural gas, petroleum products, or other commodities for any 
designated distance.

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                                Instructions for Partnership Return of Income
                                                 Tax Year 2023

Salaries\Wages\Compensation Ratio Attribution Information
Salaries, wages, and other compensation for personal services paid by a business whose principal office is located in Louisiana, to 
officers and employees responsible for the direction and supervision of operations of the business partly within and partly without 
Louisiana, and salaries, wages, and other compensation for personal services paid to general office employees whose duties pertain 
to the operations of the business partly within and partly without Louisiana, shall be allocated in part to this state on the basis of the 
ratio of the amount of direct operating salaries, wages, and other compensation for services rendered in Louisiana to the total of such 
direct operating salaries, wages, and other compensation paid in connection with the production of net apportionable income.
SCHEDULE F – Computation of Property Ratio
IMPORTANT! You must complete both pages of Schedule F. 
If the partnership is required to include a property ratio in the apportionment percent computation on Schedule E or Schedule I, 
Schedule F must be completed. 
The property ratio is composed of real and tangible assets less real and tangible assets not used in the production of net apportionable 
income. The value of immovable and corporeal movable property owned by the taxpayer and used in the production of net apportionable 
income is included in this ratio. Where only a part of the property is used in the production of apportionable income, only the value 
of that portion so used shall be included in the property ratio. However, where the entire property is used in the production of both 
allocable and apportionable income the value of the entire property is included in the property ratio. Idle property and property under 
construction, during such construction and prior to being placed in service, is not included in the property ratio. Property held as reserve 
or standby facilities, or property held as a reserve source of materials, is considered to be used in the production of apportionable 
income. Non–productive mineral leases are considered to be held for such use and should be included in the property ratio. The value 
of inventories of merchandise in transit is allocated to the state in which their delivery destination is located in the absence of conclusive 
evidence to the contrary.
SCHEDULE G – Computation of Louisiana Net Income for Partnerships with Non–Corporate Partners
Separate Accounting Method
Those partnerships that have been granted permission to use the separate accounting method should mark the box on the line above 
Line 1A and report the Louisiana amounts for the items on Lines 1A through 23. Skip Lines 24A through 27J. On Line 28, subtract Line 
22 from Line 8. A copy of the federal return should be attached to the return.
Lines 1 through 6 – Enter the amounts from the partnership’s Federal Form 1065 on the corresponding lines of this schedule.
Line 7 – Other Income – This amount should be equal to the result of adding the amount on Line 7 of Federal Form 1065, the amounts 
on Lines 2 through 11 of Schedule K of Federal Form 1065, and any amounts of income added to federal net income on Form IT–565, 
Schedule D, less any amounts of income subtracted from federal net income on Form IT–565, Schedule D. Please attach a schedule 
of other income as reported on Federal Form 1065.
Lines 9 through 20 – Enter the amounts from the partnership’s Federal Form 1065 on the corresponding lines of this schedule.
Line 21 – Other Deductions – This amount should be equal to the result of adding the amount on Line 21 of Federal Form 1065; 
the amounts on Lines 12 through 13e on Schedule K of Federal Form 1065; the amount of foreign taxes reported on Schedule K-3 of 
Federal Form 1065, Part III, Section 4; and any amounts of expense subtracted from federal net income on Form IT–565, Schedule D, 
less any amounts of expense added to federal net income on Form IT–565, Schedule D. Form IT–565, Schedule C must be completed 
if reporting other deductions. 
Line 24 –Allocable Income – Louisiana does not apply the business/nonbusiness concepts outlined in the Multistate Tax Compact. 
Irrespective of whether the net income derived from sources within Louisiana is determined by use of the apportionment method or 
the separate accounting method, the law designates certain classes of income as allocable income that must be accounted for on 
a separate (direct) basis. The classes of income designated as allocable income and the basis upon which such income should be 
allocated are as follows:
A.  Rents and royalties from immovable or corporeal movable property must be allocated to the state where the property is 
located at the time the income is derived.
B.  Royalties or similar revenue from the use of patents, trademarks, copyrights, secret processes, and other similar intangible 
rights must be allocated to the state in which such rights are used. The use referred to is that of the licensee rather than that 
of the licensor. 
C.  Estates, trusts, and partnerships having a partnership as a partner or beneficiary must allocate and apportion their income 
within and without the state in accordance with the processes and formulas prescribed for nonresident individuals, and the 
share of any partner or beneficiary in the net income from sources in this state, so computed, must be allocated to this state 
in the return of the partner or beneficiary.

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                                   Instructions for Partnership Return of Income
                                                    Tax Year 2023

D.  Income from construction, repair, or other similar services must be allocated to the state in which the service is performed. The 
        phrase “other similar services” means any work that has as its purpose the improvement of immovable property belonging 
        to a person other than the taxpayer where a substantial portion of the work is performed at the location of such property, 
        whether or not such services actually result in improvements to the property.
E.  Interest on customers’ notes and accounts must be allocated to the state in which such customers are located. Other interest 
        must be allocated to the state in which the securities or credits producing such income have their situs, which shall be at 
        the business situs of such securities or credits if they have been so used in connection with the partnership’s business as to 
        acquire a business situs, or, in the absence of such a business situs, shall be at the commercial domicile of the partnership.
F. & G. Dividends and profits (losses) from sales and exchanges of capital assets consisting of incorporeal property or rights must be 
        allocated to the state in which the securities or credits producing such income have their situs, which shall be at the business 
        situs of such securities or credits if they have been so used in connection with the partnership’s business as to acquire a 
        business situs, or, in the absence of such a business situs, shall be at the commercial domicile of the partnership.
H.  Profits (losses) from sales or exchanges not made in the regular course of business, of property, other than capital assets 
        consisting of incorporeal property or rights, must be allocated to the state where such property is located at the time of the 
        sale. A mineral lease, royalty interest, oil payment or other mineral interest is located in the state in which the property subject 
        to such mineral interest is situated. 
Calculation Of Net Allocable Income – From the total gross allocable income from all sources and from gross allocable income from 
Louisiana sources, there is deducted all expenses, losses, and other deductions, except federal income taxes, allowable under the 
Louisiana income tax law that are directly attributable to such income, plus a ratable portion of the allowable deductions, except federal 
income taxes, that are not directly attributable to any item or class of gross income Please attach a schedule of all allocable expenses 
and Louisiana expenses directly attributable to any item or class of gross income.
Although LAC 61:I.1130 was promulgated to provide guidance for determining corporation income tax liability, its guidance can also be 
used for determining net allocable income for partnerships with non–corporate partners. LAC 61:I.1130 provides that overhead expense 
attributable to items of gross allocable income derived from sources within and without Louisiana, except gross allocable income from 
rent of immovable or corporeal movable property or from construction, repair, or other similar services, may be determined by any 
reasonable method that clearly reflects net allocable income from such items of income.
LAC 61:I.1130.B.2.a PROVIDES:
i.  Overhead expense attributable to Louisiana gross allocable income derived from rent of immovable or corporeal movable property 
and from construction, repair, or other similar services shall be deducted from such income for the purposes of determining Louisiana 
net allocable income or loss from such items of income. The amount of overhead expense attributable to such income shall be 
determined by multiplying overhead expense attributed to total gross allocable income derived from rent of immovable or corporeal 
movable property and from construction, repair, or other similar services by the arithmetical average of two ratios, as follows:
(a)  the ratio of the amount of Louisiana gross allocable income derived from rent of immovable or corporeal movable property 
        and from construction, repair, or other similar services to total gross allocable income from such sources;
(b)  the ratio of the amount of direct cost incurred in the production of Louisiana gross allocable income derived from rent of 
        immovable or corporeal movable property and from construction, repair, or other similar services to total direct cost incurred 
        in the production of such income.
ii.  Overhead expense attributable to total gross allocable income derived from rent of immovable or corporeal movable property or from 
construction, repair, or other similar services shall be deducted from such income for the purposes of determining total net allocable 
income or loss from such items of income. The amount of overhead expense attributable to such income shall be determined by 
multiplying total overhead expense by the arithmetical average of two ratios, as follows:
(a)  the ratio of the amount of total gross allocable income derived from rent of immovable or corporeal movable property and from 
        construction, repair, or other similar services to total gross income derived from all sources;
(b)  the ratio of the amount of direct cost incurred in the production of total gross allocable income derived from rent of immovable 
        or corporeal movable property and from construction, repair, or other similar services to total direct cost incurred in the 
        production of gross income from all sources.
iii.  If the taxpayer has not maintained documents or records sufficient to compute the ratios required by this Subparagraph, the Secretary 
shall, upon examination, determine the method by which to attribute overhead expense.

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                                Instructions for Partnership Return of Income
                                                             Tax Year 2023

In addition to direct expenses and a ratable portion of overhead expenses, LAC 61:I.1130 specifies the method for attributing a portion 
of interest expense to allocable income. The method of allocation and apportionment for interest set forth in the regulation is based 
on the approach that money is fungible and that interest expense is attributable to all activities and property regardless of any specific 
purpose for incurring an obligation on which interest is paid. Exceptions to the fungibility method are set forth in LAC 61:I.1130.B.1.b. 
The fungibility approach recognizes that all activities and property require funds and that management has a great deal of flexibility as 
to the source and use of funds and that the creditors of the taxpayer look to its general credit for repayment and thereby subject the 
money loaned to the risk of all of the taxpayer’s activities. You must refer to LAC 61:I.1130 for information regarding the computation of 
interest expense.
Lines 24A through 24H – Allocable Income From All Sources          – Enter the TOTAL net allocable income of each class, from all 
sources.
Line 24I – Allocable Expenses – Enter the total of all allocable expense. Attach a schedule detailing the expense by allocable income 
type.
Line 24J – Net Allocable Income From All Sources – Add Lines 24A through 24I. 
Line 25 – Net Income Subject To Apportionment – Subtract Line 24J from Line 23. 
Line 26 – Net Income Apportioned To Louisiana – Multiply the amount on Line 25 by the percentage from Schedule E, Line 7. 
Lines 27A through 27H – Allocable Income From Louisiana Sources – Enter the total LOUISIANA allocable income of each class, 
from all sources.
LINE 27I – Louisiana Allocable Expenses – Enter the total of the allocable expense associated with allocable income sourced to 
Louisiana. Attach a schedule detailing the expense by allocable income type.
LINE 27J – Net Allocable Income From Louisiana Sources – Add Lines 27A through 27I. This is the LOUISIANA net allocable 
income.
LINE 28 – Add the net income apportioned to Louisiana, Line 26, to the net income allocated to Louisiana, Line 27J. If the separate 
accounting method was used, subtract Line 22 from Line 8. 
GENERAL INSTRUCTIONS FOR SCHEDULES H, I, J, AND F
If you answered “yes” to Line J, Line K, or both, on Page 1 you must complete Schedules H, I, and J. See the instructions for Schedule I 
to determine if you also have to complete Schedule F. If you answered “no” to both Lines J and K, do not complete Schedules H, I, and J. 
SCHEDULE H – Reconciliation of Federal and Louisiana Net Income for Partnerships with Corporate Partners
See R.S. 47:287.71 and R.S. 47:287.73 for information.
Line 1 – Enter the amount of federal net income from Line 1 of the Analysis of Net Income (Loss) schedule of Federal Form 1065.
Line 2a – Enter the total amount of any additions to federal net income. A schedule of the items on this line must be supplied.
LINE 3a – Bank Dividends         – R.S. 47:287.71 provides a deduction from federal net income for dividend income from banking 
corporations organized under the laws of Louisiana, from national banking corporations doing business in Louisiana, and from capital 
stock associations whose stock is subject to ad valorem taxation. 
LINE 3b – All Other Dividends – R.S. 47:287.738(F)(1) allows a deduction for dividends that would otherwise be included in gross 
income. 
LINE 3c – Interest – R.S. 47:287.738(F)(2) allows a deduction for interest that would otherwise be included in gross income.
LINE 3d – Road Home – R.S. 47:287.738(G) provides that any grant, loan, or other benefit directly or indirectly provided to a taxpayer 
by the Disaster Recovery Unit of the Office of Community Development is excluded if such income was included in the taxpayer’s 
federal taxable income. Benefits may include payments from Restore Louisiana for recovery from the Great Flood of 2016.
LINE 3e – Expenses Not Deducted On The Federal Return Due To IRC Section 280C – Whenever an otherwise allowable expense 
for purposes of computing federal net income is disallowed under the provisions of IRC Section 280C, an additional deduction in the 
amount of the disallowed expense is allowed under the provisions of R.S. 47:287.73. An example of such an expense is salary expense 
disallowed due to the utilization of the federal jobs credit.

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                                Instructions for Partnership Return of Income
                                                       Tax Year 2023

LINE 3f – Other Subtractions – A schedule of the items on this line must be supplied. Refer to R.S.47:287.71, 47:287.73, and 
R.S.47:287.734 through 287.747 for other subtractions from federal net income. IMPORTANT: There is no exclusion from income 
for a partnership that is a shareholder, member, or partner of an entity that made the pass-through entity tax election under R.S. 
47:287.732.2. Also, include on this line: 
Compensation for Disaster Services 
R.S.47:53.5 provides an exclusion for income received by a nonresident business for performing disaster or emergency-related 
work within the state during a declared or emergency period. The exclusion applies only for income received in exchange for 
disaster or emergency-related work related to critical infrastructure that is performed during the declared disaster period, which 
begins within 10 days of the first day of the declaration or proclamation made by either the governor, the president, or appropriate 
local government official and ends 60 days after its conclusion, unless a longer period is subsequently authorized. Requests for 
written notice concerning emergency-related services are posted as Revenue Information Bulletins on LDR’s website. 
Expenses Not Deducted On The Federal Return Due To Internal Revenue Code Section 280E
Whenever an otherwise allowable expense for purposes of computing federal net income is disallowed under the provisions of IRC 
Section 280E, an additional deduction in the amount of the disallowed expense is allowed under the provisions of R.S. 47:287.73(C)
(1). The deduction is only allowed for a licensee engaged in the production or dispensing of therapeutic marijuana recommended 
for therapeutic use by patents clinically diagnosed as suffering from a debilitating medical condition as defined in R.S. 40:1046.
COVID-19 Relief Benefits Exemption 
R.S. 47:287.738(H) provides that any gratuitous grant, loan, rebate, tax credit, advance refund, or other qualified disaster relief 
benefit provided directly or indirectly by the state or federal government as a COVID-19 relief benefit is excluded if such income 
was included in the taxpayer’s federal net income. Benefits may include payments from the Louisiana Main Street Recovery Fund. 
See Revenue Information Bulletin 21-019 and Revenue Ruling 22-002. Attach a schedule detailing the source and amount of the 
excluded benefits and a copy of the Federal Form 1065.
Line 3g – Total Subtractions – Add Lines 3a through 3f.
LINE 4 – Louisiana Net Income From All Sources – Add Lines 1 and 2a and subtract Line 3g. This amount should agree with 
Schedule J, Line 23.
SCHEDULE I – Computation of Apportionment Percentage for Partnerships with Corporate Partners
Except for certain oil and gas businesses, a single revenue ratio is used to apportion income. Specific revenue ratios are prescribed for 
air, pipeline, other transportation businesses, and certain service enterprises. A general revenue ratio is prescribed for manufacturing, 
merchandising and any other business for which a formula is not specifically prescribed. A specific apportionment formula, consisting 
of four ratios is prescribed for certain oil and gas businesses. The statute contemplates that only one specific formula is used in 
determining the apportionment percent, that being the formula prescribed for the primary business. As a general rule, where more than 
one type of business is transacted, the primary business is that which is the primary source of net apportionable income. The class 
of income designated as “apportionable income” is all items of gross income which are not properly includible in allocable income. 
Therefore allocable income is not used in determining which specific formula to use for the apportionment percent, or in the calculations 
of the apportionment percent. For information regarding what types of income are considered allocable income, see the instructions 
for Line 24 of Schedule J.
The income tax revenue and wage ratios are calculated on Schedule I. The income tax property ratio is calculated on Schedule F. Mark 
the box on Line 2 if the wage ratio is not considered as described below. Mark the box on Line 3 if the property ratio is not considered 
as described below. Mark the box on Line 4 if the double–weighted sales ratio is not considered as described below.
Television and Radio Businesses – See R.S. 47:287.95(K) 
Oil And Gas Businesses – The Louisiana apportionment percent used when net apportionable income is derived primarily from the 
exploration, production, refining, or marketing of oil and gas is the arithmetical average of four ratios, as follows:
a. The ratio of the value of the immovable and corporeal movable property owned and located in Louisiana to the value of the 
   immovable and corporeal movable property owned and used in the production of the net apportionable income.
b. The ratio of the amount paid for salaries, wages, and other compensation for personal services rendered in this state to the 
   total amount paid for salaries, wages, and other compensation for personal services in connection with the production of net 
   apportionable income.
c. The ratio of net sales made in the regular course of business and other gross apportionable income attributable to this 
   state to the total net sales made in the regular course of business and other gross apportionable. This ratio is counted twice 
   (double-weighted).

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                                        Instructions for Partnership Return of Income
                                                 Tax Year 2023

This provision applies to the following:
•  Any taxpayer whose income is primarily derived from the production or sale of unrefined oil and gas.
•  Any taxpayer defined as an integrated oil company per the United States Internal Revenue Code – 26 USC 291(b)(4), or 
integrated oil companies that refine, produce, and have marketing operations, whose income in Louisiana is principally derived 
from production and sale of unrefined oil and gas, and who also engage in significant marketing of refined petroleum products 
in Louisiana. However, any corporation, whose activities during the taxable year do not include gross receipts from retail sales 
of oil and/or natural gas or gross receipts from refinery activities of oil and/or natural gas, will not be considered as an integrated 
oil company for Louisiana tax purposes.
When the numerator and denominator are zero in any one or more ratios in the apportionment formula, such ratio is dropped from the 
apportionment formula and the arithmetical average determined from the total remaining ratios.
Air Transportation – The Louisiana apportionment percent used when net apportionable income is derived primarily from the business 
of transportation by aircraft is computed by means of a single ratio, the ratio of the amount of gross apportionable income derived from 
Louisiana sources to the total gross apportionable income of the taxpayer.
Gross apportionable income from Louisiana sources includes all gross receipts derived from passenger journeys and cargo shipments 
originating in Louisiana and any other items of gross apportionable income or receipts derived entirely from sources in Louisiana.
Transportation Other Than Air or Pipeline – The Louisiana apportionment percent used when net apportionable income is derived 
primarily from the business of transportation, other than aircraft or pipeline, is computed by means of a single ratio, the ratio of the 
amount of gross apportionable income from Louisiana sources to the total amount of gross apportionable income of the taxpayer. Gross 
apportionable income from Louisiana sources includes all such income that is derived from sources within the state and a portion of 
revenue from transportation partly without and partly within Louisiana.
Service Enterprises – The Louisiana apportionment percent used when net apportionable income is derived primarily from a service 
business in which the use of property is not a substantial income producing factor is computed by means of a single ratio, the ratio of 
the gross apportionable income from Louisiana sources to the total gross apportionable income.
Gross apportionable income from Louisiana sources include the revenue from services sourced to Louisiana, and any other gross 
income derived entirely in this state. The general rule for sourcing service receipts to Louisiana is that service receipts are sourced to 
Louisiana if and to the extent the service is delivered to a location in Louisiana (market based). Refer to R.S. 47: 287.95(L) for specific 
sourcing rules. 
Manufacturing, Merchandising, Pipeline  Transportation, and Other Businesses Not  Addressed  Above –  The  Louisiana 
apportionment percent used when net apportionable income is derived primarily from the business of manufacturing or merchandising 
(manufacturing, producing, and/or selling tangible personal property) or pipeline transportation or other business not addressed above 
is computed by means of a single ratio, the ratio of net sales made in the regular course of business and other gross apportionable 
income attributable to this state to the total net sales made in the regular course of business and other gross apportionable income of 
the taxpayer.
SCHEDULE J – Computation of Louisiana Net Income of Partnerships with Corporate Partners
Separate Accounting Method
Those corporations that have been granted permission to use the separate accounting method should mark the box on the line above 
Line 1A and report the Louisiana amounts for the items on Lines 1A through 23. Skip Lines 24A through 27G. On Line 28, subtract Line 
22 from Line 8. A copy of the federal return should be attached to the return.
Instructions
Lines 1 through 6 – Enter the amounts from the partnership’s Federal Form 1065 on the corresponding lines of this schedule.
Line 7 – Other Income – This amount should be equal to the result of adding the amount on Line 7 of Federal Form 1065, the amounts 
on Lines 2 through 11 of Schedule K of Federal Form 1065 and any amounts of income added to federal net income on Form IT–565, 
Schedule H, less any amounts of income subtracted from federal net income on Form IT–565, Schedule H. Please attach a schedule 
of other income as reported on Federal Form 1065.
Lines 9 through 20 – Enter the amounts from the partnership’s Federal Form 1065 on the corresponding lines of this schedule.
Line 21 – Other Deductions –    This amount should be equal to the result of adding the amount on Line 21 of Federal Form 1065; 
the amounts on Lines 12 through 13e on Schedule K of Federal Form 1065; the amount of foreign taxes reported on Schedule K-3 of 
Federal Form 1065, Part III, Section 4; and any amounts of expense subtracted from federal net income on Form IT–565, Schedule H, 
less any amounts of expense added to federal net income on Form IT–565, Schedule H. Form IT–565, Schedule C must be completed 
if reporting other deductions. 

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                                   Instructions for Partnership Return of Income
                                             Tax Year 2023

Line 24 – Allocable Income – Louisiana does not apply the business/nonbusiness concepts outlined in the Multistate Tax Compact. 
Irrespective of whether the net income derived from sources within Louisiana is determined by use of the apportionment method or 
the separate accounting method, the law designates certain classes of income as allocable income that must be accounted for on 
a separate (direct) basis. See LAC 61:I.1130 available on the Department’s website. The classes of income designated as allocable 
income and the basis upon which such income should be allocated are as follows:
A.  Rents and royalties from immovable or corporeal movable property must be allocated to the state where the property is 
located at the time the income is derived.
B.  Royalties or similar revenue from the use of patents, trademarks, copyrights, secret processes, and other similar intangible 
rights must be allocated to the state in which such rights are used. The use referred to is that of the licensee rather than that 
of the licensor. A mineral lease, royalty interest, oil payment, or other mineral interest is allocated to the state in which the 
property subject to such mineral interest is situated.
C.  Estates, trusts, and partnerships having a corporation as a member or beneficiary must allocate and apportion their income 
within and without the state in accordance with the processes and formulas prescribed for corporations, and the share of any 
corporate member or beneficiary in the net income from sources in this state, so computed, must be allocated to this state in 
the return of the member or beneficiary.
D.  Income from construction, repair, or other similar services must be allocated to the state in which the service is performed. The 
phrase “other similar services” means any work that has as its purpose the improvement of immovable property belonging 
to a person other than the partnership where a substantial portion of the work is performed at the location of such property, 
whether or not such services actually result in improvements to the property.
E.  Other allocable income – This line should include interest income received from a controlled corporation that a corporation 
elects to tax under R.S. 47:287.738(F)(2). The interest is allocated to the state or states in which the real and tangible personal 
property of the controlled corporation is located. The allocation is made on the basis of the ratio of the value of such property 
located in Louisiana to the value of such property within and without the state. See LAC 61:I.1130.A.2.
Calculation Of Net Allocable Income – From the total gross allocable income from all sources and from gross allocable income from 
Louisiana sources, there is deducted all expenses, losses, and other deductions, except federal income taxes, allowable under the 
Louisiana income tax law that are directly attributable to such income, plus a ratable portion of the allowable deductions, except federal 
income taxes, that are not directly attributable to any item or class of gross income. Please attach a schedule of all allocable expenses 
and Louisiana expenses directly attributable to any item or class of gross income.
LAC 61:I.1130 provides that overhead expense attributable to items of gross allocable income derived from sources within and without 
Louisiana, except gross allocable income from rent of immovable or corporeal movable property or from construction, repair, or other 
similar services, may be determined by any reasonable method that clearly reflects net allocable income from such items of income.
LAC 61:I.1130.B.2.a PROVIDES:
i.  Overhead expense attributable to Louisiana gross allocable income derived from rent of immovable or corporeal movable property 
and from construction, repair, or other similar services shall be deducted from such income for the purposes of determining Louisiana 
net allocable income or loss from such items of income. The amount of overhead expense attributable to such income shall be 
determined by multiplying overhead expense attributed to total gross allocable income derived from rent of immovable or corporeal 
movable property and from construction, repair, or other similar services by the arithmetical average of two ratios, as follows:
(a)  the ratio of the amount of Louisiana gross allocable income derived from rent of immovable or corporeal movable property 
and from construction, repair, or other similar services to total gross allocable income from such sources;
(b)  the ratio of the amount of direct cost incurred in the production of Louisiana gross allocable income derived from rent of 
immovable or corporeal movable property and from construction, repair, or other similar services to total direct cost incurred 
in the production of such income.
ii.  Overhead expense attributable to total gross allocable income derived from rent of immovable or corporeal movable property or from 
construction, repair, or other similar services shall be deducted from such income for the purposes of determining total net allocable 
income or loss from such items of income. The amount of overhead expense attributable to such income shall be determined by 
multiplying total overhead expense by the arithmetical average of two ratios, as follows:
(a)  the ratio of the amount of total gross allocable income derived from rent of immovable or corporeal movable property and from 
construction, repair, or other similar services to total gross income derived from all sources; 
(b)  the ratio of the amount of direct cost incurred in the production of total gross allocable income derived from rent of immovable 
or corporeal movable property and from construction, repair, or other similar services to total direct cost incurred in the 
production of gross income from all sources. 

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                                Instructions for Partnership Return of Income
                                                  Tax Year 2023

iii.  If the taxpayer has not maintained documents or records sufficient to compute the ratios required by this Subparagraph, the Secretary 
shall, upon examination, determine the method by which to attribute overhead expense.
In addition to direct expenses and a ratable portion of overhead expenses, LAC 61:I.1130 specifies the method for attributing a portion 
of interest expense to allocable income. The method of allocation and apportionment for interest set forth in the regulation is based 
on the approach that money is fungible and that interest expense is attributable to all activities and property regardless of any specific 
purpose for incurring an obligation on which interest is paid. Exceptions to the fungibility method are set forth in LAC 61:I.1130.B.1.b. 
The fungibility approach recognizes that all activities and property require funds and that management has a great deal of flexibility as 
to the source and use of funds and that the creditors of the taxpayer look to its general credit for repayment and thereby subject the 
money loaned to the risk of all of the taxpayer’s activities. You must refer to LAC 61:I.1130 for information regarding the computation of 
interest expense.
Lines 24A through 24E – Allocable Income From All Sources – Enter the TOTAL net allocable income of each class, from all sources.
Line 24F – Allocable Expenses – Enter the total of all allocable expense. Attach a schedule detailing the expense by allocable income 
type.
Line 24G – Net Allocable Income From All Sources – Add Lines 24A through 24F. 
Line 25 – Net Income Subject To Apportionment – Subtract Line 24G from Line 23. 
Line 26 – Net Income Apportioned To Louisiana – Multiply the amount on Line 25 by the percentage from Schedule I, Line 6.
Lines 27A through 27E – Allocable Income From Louisiana Sources – Enter the total LOUISIANA allocable income of each class, 
from all sources.
Line 27F – Louisiana Allocable Expenses – Enter the total of the allocable expense associated with allocable income sourced to 
Louisiana. Attach a schedule detailing the expense by allocable income type.
Line 27G – Net Allocable Income From Louisiana Sources – Add Lines 27A through 27F. This is the LOUISIANA net allocable 
income.
Line 28 – Add the net income apportioned to Louisiana, Line 26, to the net income allocated to Louisiana, Line 27G. If the separate 
accounting method was used, subtract Line 22 from Line 8. 
SCHEDULE 6922 – Composite Partnership Return Summary of Tax Paid on Behalf of Nonresident Partners
Line 1 – Total Distributable Income for Nonresident Partners included with the Louisiana Composite Partnership Return – 
Total from Schedule B, Column N. Do not net distributable losses. Also enter this amount on Line M of Form IT-565.
Line 2 – Total Amount of Income Tax Due –   Enter the total from the Schedule B, Column O.
Line 3 – Total Nonrefundable Priority 1 Credits – Enter the total amount of Nonrefundable Priority 1 Credits from Schedule NRC-
P1, Line 5.
Line 4 – Tax Liability after Nonrefundable Priority 1 Credits – Subtract Line 3 from Line 2. This amount cannot be less than zero.
Line 5 – Refundable Priority 2 Credits – Enter the total amount of Refundable Priority 2 Credits from Schedule RC-P2, Line 9.
LINE 6 – Tax Liability after Refundable Priority 2 Credits – If Line 4 is greater than Line 5, subtract Line 5 from Line 4. Also, enter 
a zero “0” on Line 7 and go to Line 8. Otherwise, enter a zero “0” on Line 6 and go to Line 7.
LINE 7 – Overpayment after Refundable Priority 2 Credits – If Line 5 is greater than Line 4, subtract Line 4 from Line 5. 
LINE 8 – Nonrefundable Priority 3 Credits – Enter the total amount of Nonrefundable Priority 3 Credits from Schedule NRC-P3, Line 
11. These credits are limited to the tax liability calculated on Line 6.
LINE 9 – Adjusted Louisiana Income Tax – Subtract Line 8 from Line 6. If the result is less than zero, enter zero “0”.
LINE 10 – Overpayment of Refundable Priority 2 Credits – Enter the amount from Line 7, if applicable.
LINE 11 – Refundable Priority 4 Credits – Enter the total amount of Refundable Priority 4 Credits from Schedule RC-P4, Line 6.
LINE 12 – Amount of Credit Carried Forward from 2022 –    Enter the amount of any credit carried forward from 2022. 
LINE 13 – Estimated Payments for 2023 – Enter the total amount of estimated payments the partnership made for 2023. 
LINE 14 – Amount of Extension Payment – Enter the amount paid as the extension payment.
LINE 15 – Total Refundable Tax Credits and Payments – Add Lines 10 through 14.

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                                      Instructions for Partnership Return of Income
                                                        Tax Year 2023

LINE 16 – Overpayment – If Line 15 is greater than Line 9, subtract Line 9 from Line 15. This is the amount of your overpayment. If 
Line 15 is equal to Line 9, enter zero “0” on Line 16 through Line 23. If Line 15 is less than Line 9, enter a zero “0” on Lines 16 through 
18 and go to Line 19.
Line 17 – Amount of Line 16 to be Credited to 2024 – Enter the amount of your available overpayment shown on Line 16 that you 
wish to credit to 2024. 
Line 18 – Amount to be Refunded – Subtract Line 17 from Line 16. This amount is to be refunded.
Line 19 – Amount You Owe –      If Line 9 is greater than Line 15, subtract Line 15 from Line 9.
Line 20 – Interest – If your income tax amount is not paid by May 15, 2024, you will be charged interest on the unpaid tax from May 16, 
2024, until the date the balance of tax due is paid. Because the interest rate varies from year to year, the rates are published in Form 
R-1111, Interest Rate Schedule Collected on Unpaid Taxes, which is available on LDR’s website. In order to compute the INTEREST 
RATE PER DAY, multiply the monthly rate by 12, divide it by 365, and carry out to seven places to the right of the decimal. Example: 
Assume the 2024 monthly interest rate is determined to be .4375 percent. Multiply .4375 times 12 = 5.25 percent (.0525), which equals 
the annual interest rate. Divide .0525 by 365, .0525/365 = .0001438, which equals the INTEREST RATE PER DAY. NOTE: You must 
carry out your computation to seven places to the right of the decimal point.
LINE 21 – Delinquent Filing Penalty – If you fail to file your tax return by the extended due date – on or before November 15, 2024, 
for calendar year filers, or on or before your fiscal year extended due date, you may be charged a delinquent filing penalty. The penalty 
is five percent of the tax for each 30 days or fraction thereof during which the failure to file continues. If you file after the extended due 
date, the delinquent filing penalty that will be assessed is the maximum of 25 percent of the tax due.
LINE 22 – Delinquent Payment Penalty – If you fail to pay the tax due by the due date, a delinquent payment penalty of 0.5 percent 
(.005) of the tax not paid by the due date will accrue for each 30 days, or fraction thereof, during which the failure to pay continues. 
This penalty cannot exceed 25 percent (.25) of the tax due.
Important Notice: The sum of both the delinquent filing and delinquent payment penalties cannot exceed 25 percent (.25) of the tax 
due. Thirty-day increments are used for the calculation of the delinquent filing and delinquent payment penalties. These penalties are 
based on the date LDR receives the return or payment. In addition to the delinquent penalties, you may also incur an accuracy-related 
penalty under R.S. 47:1604.1 if circumstances indicate negligent failure to comply with rules and regulations. 
LINE 23 – Balance Due Louisiana –     Add Lines 19 through 22. You may make an electronic payment at  www.revenue.louisiana.
gov/latap. You may also make payment by check or money order by using Form R-6922V, Composite Partnership Electronic Filing 
Payment Voucher. 

                                GENERAL INFORMATION REGARDING TAX CREDITS
If a schedule is required in the instructions below, you must attach a separate schedule for each credit claimed. The schedule must 
clearly identify the credit, your name, and LDR account number. If documentation is required, you must submit the documentation with 
your return. For faster processing, you can upload all required information when you file your return electronically. Revenue Information 
Bulletins are posted on www.revenue.louisiana.gov/policies under Policy Documents. 
A partnership must provide their partners or members a Schedule K-1 and other documentation required to substantiate their share 
of any credit that was passed down from the entity.
Note: If you are claiming a credit that is recorded in the Tax Credit Registry, you must attach a copy of Form R-6135, Credit Registration 
Form, to the return and list the State Certification Number in the appropriate space on the return. See Revenue Information Bulletin 
14-005 for information on the Tax Credit Registry and Revenue Information Bulletin 17-008 for claiming a purchased transferable tax 
credit. 
PASS-THROUGH ENTITY TAX ELECTION 
Credits earned in the year the pass-through entity tax election was made or after the election was made are tax items of the entity 
and the credit and its future carryforward must be reported on the entity’s return. Credits earned in the year the election was made or 
after cannot be used on the individual income tax return of any shareholder, member, or partner. Tax credits earned in tax years prior 
to the election that have previously passed through to the owners are tax items of the owners and any credit carryforward remaining 
can only be used on their income tax return. See Revenue Information Bulletin 19-019 and Louisiana Administrative Code (LAC) 
61:l.1001(C)(6) for more information. 

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                                      Instructions for Partnership Return of Income
                                                           Tax Year 2023

                 INSTRUCTIONS FOR SCHEDULE NRC-P1, NONREFUNDABLE PRIORITY 1 CREDITS
Nonrefundable Priority 1 Credits, Lines 1 through 4                   CODE                                   CREDIT DESCRIPTION
Nonrefundable credits available for the tax year ending                     bone marrow donations, making payments to a health care 
December 31, 2023, are referenced individually by a three-digit             provider  for  determining  tissue  types  of  potential  donors, 
code. Please enter the credit description, identifying code, and            and paying wages to an employee for time related to tissue 
the dollar amount claimed in the appropriate spaces on Lines 1              typing and bone marrow donation. If the wage expense 
through 4.                                                                  is used  to obtain  the credit, it  cannot be  deducted  as an 
                                                                            expense for income tax purposes. The amount of the credit 
NOTE: Use only the codes referenced in the table of Schedule                is equal to 18 percent of the bone marrow donor expense 
NRC-P1. The codes listed here are not interchangeable with                  paid or incurred by the employer dur ing the tax year. 
other codes. 
                                                                      150 –  Qualified Playgrounds – R.S. 47:6008 provides a credit 
Line  5  – Add  Lines  1  through 4.  Also,  enter  the amount  on          for donations to assist qualified playgrounds.  The credit 
Schedule 6922, Line 3.                                                      is for the lesser of $720 or 36 percent of the value of the 
                                                                            cash, equipment, goods, or services donated. For more 
CODE                                  CREDIT DESCRIPTION                    information on this credit, see Revenue Ruling 02-020 
100 –  Premium Tax – R.S. 47:227 provides a credit for premium              posted on LDR’s website.
taxes paid during the preceding 12 months by an insur ance 
company authorized to do business in Louisiana. A copy of             155 –  Debt Issuance – R.S. 47:6017 provides a credit for 72 
the premium tax return and canceled checks in payment of                    percent of the amount of the filing fee paid to the Louisiana 
the tax must be attached to the return.                                     State Bond Commission, which is incurred by an economic 
                                                                            development cor poration in the preparation and issuance of 
120 –  Bone Marrow –     R.S. 47:287.758 provides a credit to               bonds. 
employers authorized to do business in the state who 
incur bone marrow donor expense by developing a bone                  199 –  Other – Reserved for future credits.
marrow donation program, educat ing employees related to 

                 INSTRUCTIONS FOR SCHEDULE RC-P2, REFUNDABLE PRIORITY 2 CREDITS
Refundable Priority 2 Credits, Lines 1 through 5                      CODE                                   CREDIT DESCRIPTION
Refundable credits available for the tax year ending December 31,           company with respect to that company’s public service 
2023, are referenced individually by a three-digit code. Please             properties  located in  Louisiana.  See Revenue Information 
enter the credit description, identifying code, and the dollar amount       Bulletin 01-004 on LDR’s website.  A schedule must be 
claimed in the appropriate spaces on Lines 1 through 5.                     attached stating which entity paid the tax and obtained the 
                                                                            credit on the taxpayer’s behalf. 
Transferable, Refundable Priority 2 Credits, Lines 6 through 8
Complete Lines 6 through 8 if you are claiming the Musical and        55F – Prison Industry Enhancement –        R.S. 47:6018 allows a 
Theatrical Production credit. For Lines 6A, 7A, and 8A, enter the           refundable credit for 72 percent of the state sales and use 
LDR State Certification Number from Form R-6135 for the credit              tax paid by a taxpayer on purchases of specialty apparel 
claimed on Lines 6, 7, and 8 respectively. See Revenue Information          items from a private sector Prison Industry Enhancement 
Bulletin 17-008 on LDR’s website for claiming a purchased                   (PIE) contractor. Contact LDR for further information 
transferable tax credit.                                                    regarding this credit.
NOTE: Use only the codes referenced in the table of Schedule          58F –  Milk Producers –     R.S. 47:6032 allows a refundable 
RC-P2. The codes listed here are not interchangeable with                   credit for a  resident taxpayer engaged in the  business of 
other codes.                                                                producing milk for sale.  Those milk producers that have 
                                                                            obtained permits under the Louisiana Administrative Code, 
Line 9 – Add Lines 1 through 8. Also, enter the amount on the               Title 51, and have met the requirements of the Food and 
Schedule 6922, Line 5.                                                      Drug  Administration, shall be certified by the Louisiana 
CODE                                  CREDIT DESCRIPTION                    Department of Health to receive the credit. See Revenue 
                                                                            Information Bulletin 08-014 on LDR’s website.
52F –  Ad Valorem  Offshore Vessels  – R.S. 47:6006.1 allows 
a refundable credit for 100 percent of the ad valorem                 59F –  Technology Commercialization –      R.S. 51:2351 et seq. 
taxes paid on vessels in Outer Continental Shelf Lands Act                  allows a refundable credit for a qualifying business that 
Waters. Copies of the tax assessment, the canceled check in                 invests in the commercialization of Louisiana technology. 
payment of the tax, and a completed Form LAT 11A from the                   Taxpayers must apply to the Louisiana Department of 
Louisiana Tax Commission must be attached to the return.                    Economic Development to receive certification. A copy of 
                                                                            the certification of the credit must be attached to the return. 
54F –  Telephone Company Property –    R.S. 47:6014 allows a 
refundable  credit  for  up  to  40 percent  of  the  ad valorem      62F –  Musical and  Theatrical Production –     R.S. 47:6034 
taxes paid to Louisiana political subdivisions by a telephone               allows a refundable credit for the production expenses, 

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                                 Instructions for Partnership Return of Income
                                                          Tax Year 2023

             INSTRUCTIONS FOR SCHEDULE RC-P2, REFUNDABLE PRIORITY 2 CREDITS                             ...Continued
CODE                             CREDIT DESCRIPTION                   CODE                                 CREDIT DESCRIPTION
employment  of  college  and  vocational-technical  students,         eligible expenses must be maintained and provided upon 
employment of residents, and for the construction, repair,            request. For more information regarding this credit, contact 
or  renovation of  facilities  related to  the live performance       the Louisiana Department of Education.
industry. Taxpayers must apply to the Louisiana Department 
of Economic Development to receive certification. A copy of           68F –  School Readiness Fees and Grants to Resource and 
the certification must be attached to the return.This credit          Referral Agencies  –     R.S. 47:6107 allows a refundable 
can only be claimed on Lines 6 through 8.                             credit for a taxpayer whose business pays fees and grants to 
                                                                      child care resource and referral agencies. The credit cannot 
65F –  School Readiness Child Care Provider – R.S. 47:6105            exceed $5,000 per tax year. For more information regarding 
allows a refundable credit for a child care provider who              this credit, please contact the Louisiana Department of 
operates a facility or facilities where care is given to foster       Education.
children in the custody of the Louisiana Department of 
Children and Family Services or to children who participate           70F –  Retention and Modernization – R.S. 51:2399.1 et seq. 
in  the  Child  Care  Assistance  Program  administered  by           allows a refundable credit for an employer who incurs 
the Louisiana Department of Education (LDE).The credit                qualified  expenditures  to  modernize  existing  operations 
is based on the average monthly number of children who                in Louisiana to retain the business in the state. Taxpayers 
attended the facility multiplied by an amount based on the            must apply to the Louisiana Department of Economic 
quality rating of the child care facility. For more information       Development  to  receive  certification.  A  copy of  the 
regarding this credit, contact LDE.                                   certification of the credit must be attached to the return.
67F –  School Readiness Business-Supported Child Care –               73F –  Digital Interactive Media & Software –     R.S. 47:6022 
R.S. 47:6107 allows a refundable credit for a taxpayer who            allows a refundable credit for the investment in businesses 
incurs eligible business-supported child care expenses.               specializing in digital interactive media and software. 
The percentage of eligible expenses allowed for the credit            Taxpayers must apply to the Louisiana Department of 
depends on the quality rating of the child care facility to           Economic Development to receive certification. A copy of 
which the expenses are related or the quality rating of the           the certification of the credit must be attached to the return. 
child care facility that the child attends. Copies of canceled        See Revenue Information Bulletin 12-017 on LDR’s website.
checks and other documentation to support the amount of               80F –  Other Refundable Credit – Reserved for future credits.

             INSTRUCTIONS FOR SCHEDULE NRC-P3, NONREFUNDABLE PRIORITY 3 CREDITS
Nonrefundable Priority 3 Credits, Lines 1 through 6                   CODE                                 CREDIT DESCRIPTION
Additional nonrefundable credits available for the tax year ending    224 –  New Jobs Credit – This credit (R.S. 47:34 and 47:287.749) 
December 31, 2023, are referenced individually by a three-digit       is no longer available because Act 403 of the 2017 Regular 
code. Please enter the credit description, identifying code, and      Legislative Session ended the credit effective December 31, 
the dollar amount claimed in the appropriate spaces on Lines 1        2019. If you have an eligible carryover amount, use this code to 
through 6.                                                            utilize the carryover amount against income tax for any years 
Transferable, Nonrefundable Priority 3 Credits, Lines 7 through 10    you have remaining in your five (5) year carryover period. 
Complete  Lines  7  through 10  if  you  are claiming  a transferable 228 –  Eligible  Re-entrants  –  This credit (R.S. 47:287.748) is no 
credit. For Lines 7A, 8A, 9A, and 10A, enter the State Certification  longer available because Act 403 of the 2017 Regular Legislative 
Number from Form R-6135 for credits claimed on Lines 7 through        Session ended the credit effective December 31, 2019. If you 
10 respectively. See Revenue Information Bulletin 17-008 on LDR’s     have an eligible carryover amount, use this code to utilize the 
website for claiming a purchased transferable tax credit.             carryover amount against income tax for any years you have 
Line 11 –  Add Lines 1 through 10.  Also, enter the amount on         remaining in your five (5) year carryover period. 
Schedule 6922, Line 8.                                                236 –  Apprenticeship  (2007)  – This credit was repealed by Act 
NOTE: Use only the codes referenced in the table on Schedule          357 of the 2015 Regular Legislative Session. If you have 
NRC-P3. The codes listed here are not interchangeable with            an eligible  carryover  amount, use this  code to  utilize  the 
other codes.                                                          carryover amount for any years you have remaining in your 
                                                                      ten (10) year carryover period. Credits earned beginning with 
CODE                             CREDIT DESCRIPTION                   the 2022 tax year should be claimed using credit code 463. 
208 –  Previously  Unemployed  – This credit was repealed by 
                                                                      251 –  Motion Picture Investment – R.S. 47:6007(C)(1) provides 
Act 202 of the 2019 Regular Legislative Session effective 
                                                                      a credit for taxpayers domiciled in Louisiana who invests 
December 31, 2018. If you have an eligible carryover 
                                                                      in  a  state-certified,  motion  picture  production.  Taxpayers 
amount, use this code to utilize the carryover amount for any 
                                                                      taking this credit may attach Form R-10611,   Motion Picture 
years you have remaining in your five (5) year carryover period. 
                                                                      Investment  Tax Credit Schedule, available on LDR’s 

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                                Instructions for Partnership Return of Income
                                                  Tax Year 2023

     INSTRUCTIONS FOR SCHEDULE NRC-P3, NONREFUNDABLE PRIORITY 3 CREDITS ...Continued
CODE                             CREDIT DESCRIPTION                 CODE                            CREDIT DESCRIPTION
website, as documentation for this credit. You must certify         Picture Production Credit, to your return. For information on 
certain requirements in order to use the credit. See RIB            the cap, see   www.revenue.louisiana.gov/CreditCaps. This 
23-023  for  more  information  and  attach  Form  R-90150,         credit can only be claimed on Lines 7 through 10. 
Taxpayer Certification of Compliance of  Tax Obligations 
for the Motion Picture Production Credit, to your return.           262 –  Angel  Investor  – R.S. 47:6020 provides a credit for 
For information on the cap, see   www.revenue.louisiana.            taxpayers who make third party investments in certified 
gov/CreditCaps. This credit can only be claimed on Lines 7          Louisiana entrepreneurial businesses on or after January 1, 
through 10.                                                         2011. To earn the Angel Investor Credit, taxpayers must file 
                                                                    an application with the Louisiana Department of Economic 
252 –  Research and Development – R.S. 47:6015 provides a           Development. See Revenue Information Bulletin 12-009 on 
credit for any taxpayer who earned the credit based on              LDR’s website. This credit can only be claimed on Lines 7 
participation in the Small Business Technology Transfer or          through 10.
the Small Business Innovation Research Grant program. 
This credit can only be claimed on Lines 7 through 10.              299 –  Other – Reserved for future credits. 
253 –  Historic Structures – R.S. 47:6019 provides a credit if the  305 –  Tax Equalization – R.S. 47:3201 et seq. provides a credit 
taxpayer incurs certain expenses during the rehabilitation          for  tax  equalization  for  certain  businesses  locating  in 
of a historic structure that is located in either a downtown        Louisiana. The taxpayer must enter into a contract with the 
development or a cultural district, or a historic structure         Louisiana Department of Economic Development, and a 
contributing to the National Register of Historic Places. Refer     copy of the contract showing the credit granted must be 
to Revenue Information Bulletin 14-007 and 14-007A on               attached to the return.
LDR’s website. This credit can only be claimed on Lines 7           310 –  Manufacturing  Establishments  – R.S. 47:4301 et seq. 
through 10.                                                         provides a credit to certain manufacturing establishments that 
257 –  Capital Company – R.S. 51:1924 provides a credit for any     have entered into a contract with the Louisiana Department 
person who invests in a certified Louisiana Capital Company.        of Economic Development. A copy of the contract showing 
This credit must be approved by the Commissioner of the             the credit granted must be attached to the return. 
Louisiana Office of Financial Institutions.  A copy of the          399 –  Other – Reserved for future credits.
certification must be attached to the return. This credit can 
only be claimed on Lines 7 through 10.                              412 –  Refund by Utilities – R.S. 47:287.664 provides a credit 
                                                                    for certain court ordered refunds made by utilities to its 
258 –  LA Community Development Financial Institution               customers. 
(LCDFI) – R.S. 51:3085 et seq. provides a credit for certain 
investments in an LCDFI to encourage the expansion of               424 –  Donation to School Tuition Organization – R.S. 47:6301 
businesses in economically distressed areas. The Louisiana          provides a  credit for donations made to a  school tuition 
Office of Financial Institutions administers this program. This     organization that provides scholarships to qualified students 
credit can only be claimed on Lines 7 through 10.                   to  attend  a  qualified  school.  Form  R-10604, Receipt  for 
                                                                    Donations to School Tuition Organization Tax Credit, must 
259 –  New Markets – R.S. 47:6016 provides a credit if the taxpayer be attached to your return. See Revenue Information 
makes certain qualified low-income community investments            Bulletin 18-024 on LDR’s website. 
as defined in Section 45D of the Internal Revenue Code. The 
taxpayer must be certified by the Louisiana Department of           454 –  QMC Music Job Creation Credit –      R.S. 47:6023 provides 
Economic Development and approved by LDR. Information               a credit to a Qualifying Music Company (QMC) that is a 
on the program investment limits are posted as Revenue              music publisher, sound recording studio, booking agent, or 
Information Bulletins on LDR’s website. This credit can only        artist management that is engaged directly or indirectly in the 
be claimed on Lines 7 through 10.                                   production, distribution, and promotion of music.  Taxpayers 
                                                                    must apply to the Louisiana Department of Economic 
261 –  Motion Picture Infrastructure – R.S. 47:6007(C)              Development to receive certification. A copy of the certification 
(2) provides a credit for an approved state-certified               of the credit must be attached to the return. The credit is limited 
infrastructure project for a film, video, television, or digital    to 50 percent of the taxpayer’s tax liability.
production or postproduction facility. Taxpayers must apply 
to the Louisiana Department of Economic Development to              457 –  Neighborhood Assistance – R.S. 47:35 and R.S. 47:287.753 
receive certification. A copy of the certification of the credit    provide a credit for an entity engaged in the activities of 
must  be  attached  to  the  return.  You  must  certify  certain   providing neighborhood assistance, job training, education 
requirements in order to use the credit. See RIB 23-023             for individuals, community services, or crime prevention in 
for more information and attach Form R-90150, Taxpayer              Louisiana. The credit is equal to 50 percent of the amount 
Certification of Compliance of Tax Obligations for the Motion       contributed and cannot exceed $180,000 annually.

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                                 Instructions for Partnership Return of Income
                                                        Tax Year 2023

     INSTRUCTIONS FOR SCHEDULE NRC-P3, NONREFUNDABLE PRIORITY 3 CREDITS ...Continued
CODE                             CREDIT DESCRIPTION                  CODE                                    CREDIT DESCRIPTION
458 –  Research and Development – R.S. 47:6015(K) provides a               entered into a written apprentice agreement with an employer 
credit for any taxpayer who claims a federal income tax credit             or an association of employers pursuant to a registered 
under  26  U.S.C.  §41(a)  for  increasing  research  activities           apprenticeship program or who is enrolled in a training 
or for a taxpayer who employs fewer than 50 employees                      program accredited by the National Center for Construction 
and who meets the requirements of R.S. 47:6015(B)(3)                       Education and Research which has no less than four levels 
(i). Beginning with the 2018 tax year, credits earned based                of training and no less than 500 hours of instruction. Use 
upon participation in the Small Business Technology Transfer               this code for Apprenticeship credits earned for employment 
program or the Small Business Innovative Research Grant                    of eligible apprentices after December 31, 2021. Attach a 
program should be claimed using credit code 252. The credit                copy of Form R-90005, Apprenticeship Tax Credit Employer 
is obtained through the Louisiana Department of Economic                   Certification, and the required documentation as listed on 
Development and documentation from that agency must be                     that form.
attached to the return. See Revenue Information Bulletin 
15-019 on LDR’s website.                                             464 –  Donation to Qualified Foster Care Charitable Organization 
                                                                           – R.S. 47:6042 provides a credit for donations made to a 
459 –  Ports of Louisiana Import Export Cargo – R.S. 47:6036(I)            qualifying foster care charitable organization that provides 
provides a credit to individuals to encourage the use of                   services to a child in a foster care placement program 
state port facilities in Louisiana. The credit is based on the             established by the Department of Children and Family 
number of tons of qualified cargo imported and exported                    Services. The credit is for the amount of the donation used 
from or to manufacturing, fabrication, assembly, distribution,             to provide the service, limited to $50,000. Form R-68009, 
processing, or warehousing facilities located in the state.                Receipt for Donations to Qualifying Foster Care Charitable 
Taxpayers must apply to the Louisiana Department of                        Organization Credit, must be attached to your return. 
Economic Development to receive certification. A copy of 
the certification of the credit must be attached to the return.      500 –  Inventory  Tax  Credit  Carried  Forward  and  ITEP  – 
                                                                           R.S.47:6006 provides a credit for ad valorem taxes paid 
460 –  LA Import – R.S. 47:6036.1 provides a credit to encourage the       to political subdivisions in Louisiana on inventory held by 
utilization of Louisiana public port facilities for cargo imports          manufacturers, distributors, or retailers. Use this code for the 
and the development of new port infrastructure facilities for              carryforward of unused nonrefundable credits (not current 
the manufacturing, distribution, and warehousing of imported               year credit) from 2015 through 2022. Manufacturers who 
goods. Taxpayers must apply to the Louisiana Department of                 claimed  the  property  tax  exemption  under  the  Industrial 
Economic Development to receive certification. A copy of the               Tax  Exemption  Program  (ITEP)  during  the  same  year 
certification of the credit must be attached to the return.                the inventory taxes were paid and members of their 
                                                                           federal consolidated group, should use this code for the 
461 –  LA Work Opportunity – R.S. 47:287.750 provides a credit             carryforward of unused nonrefundable credits from 2015 
for a business that hires participants in the work release                 through 2022 and the current year credit calculated on 
programs provided for in R.S. 15:711, 1111, 1199.9, and                    the 2023, Form R-10610-ITE, Schedule of Ad Valorem Tax 
1199.10.  The Louisiana Department of Public Safety or                     Credit Claimed by ITEP Manufacturers for Ad Valorem Tax 
applicable sheriff must certify that the eligible business                 Paid on Inventory, which must be attached to the return. 
employed an eligible re-entrant who is participating in 
a  work  release  program  on  or  after  January  1,  2021,  in     502 –  Ad Valorem Natural Gas Credit Carried Forward –      R.S. 
an  eligible  job  for  12  consecutive  months.  A  copy  of  the         47:6006 provides a credit for ad valorem taxes paid to 
certification of the credit must be attached to the return.                political subdivisions in Louisiana on natural gas held, used 
                                                                           or consumed in providing natural gas storage services or 
462 –  Youth Jobs – R.S. 47:6028 provides a credit for a business          operating natural gas storage facilities. Use this code for the 
that hires one or more eligible youth on or after July 1, 2021.            carryforward of unused nonrefundable credits (not current 
To earn the credit, the eligible youth must work at least three            year credit) from 2015 through 2022. 
(3) consecutive months in a full-time or part-time position at 
the business. The credit is equal to $1,250 for each eligible        504 –   Atchafalaya Trace – R.S. 25:1226.4 provides a credit to certain 
youth hired in a full-time position or $750 for each eligible              heritage-based cottage industries that have entered into a 
youth hired in a part-time position. Taxpayers must apply                  contract with the State Board of Commerce and Industry. A copy 
to the Department to receive certification.  A copy of the                 of the contract must be attached to the return.
certification of the credit must be attached to the return. See 
LAC 61:l.1921 for more information.                                  506 –  Cane River Heritage –   R.S. 47:6026 provides a credit for 
                                                                           a heritage-based cottage industry located or to be located 
463 –  Apprenticeship  (2022)  – R.S. 47:6033 provides a credit            in  the  Cane River  Heritage Area Development  Zone. The 
to employers for $1.25 for each hour of employment of                      taxpayer must enter into a contract with the Louisiana 
an eligible apprentice, limited to $1,250 for each eligible                Department of Culture, Recreation,  and  Tourism, and a 
apprentice.  An eligible apprentice is a person who has                    copy of the contract must be attached to the return.

IT–565i (1/24 revised 2/6/2024)                                                                                        21 of 21

                                Instructions for Partnership Return of Income
                                                     Tax Year 2023

           INSTRUCTIONS FOR SCHEDULE NRC-P3, NONREFUNDABLE PRIORITY 3 CREDITS ...Continued
CODE                                     CREDIT DESCRIPTION              CODE                           CREDIT DESCRIPTION
508 –  Ports  of  Louisiana  Investor  – R.S.  47:6036(C)  provides      into a contract with the Louisiana Department of Economic 
a credit to taxpayers to encourage investment in state                   Development, and a copy of the contract showing the credit 
port facilities in Louisiana.  Taxpayers must apply to the               granted must be attached to the return. 
Louisiana Department of Economic Development to receive 
certification. A copy of the certification of the credit must be         550 –  Recycling Credit – R.S. 47:6005 provides a credit for the 
attached to the return.                                                  purchase of certain equipment or service contracts related 
                                                                         to recycling. The credit must be certified by the Louisiana 
510 –  Enterprise Zone – R.S. 51:1781 et seq. provides a credit          Department of Environmental Quality, and a copy of the 
for private sector investments in certain areas that are                 certification must be attached to the return. 
designated as “Enterprise Zones”. The taxpayer must enter 
                                                                         599 –   Other – Reserved for future credits.

             INSTRUCTIONS FOR SCHEDULE RC-P4, REFUNDABLE PRIORITY 4 CREDITS
Refundable Priority 4 Credits, Lines 1 through 5                         CODE                           CREDIT DESCRIPTION
Additional refundable credits available for the tax year ending          Louisiana after April 15, 2016, if the total amount eligible 
December 31, 2023, are referenced individually by a three-digit          for the credit is less than $10,000, 100 percent of any 
code. Please enter the credit description, identifying code and          excess credit is refundable, and for total eligible amounts 
the dollar amount claimed in the appropriate spaces on Lines 1           of $10,000 or more, 75 percent of any excess credit up 
through 5.                                                               to a maximum of $750,000 is refundable.  The inventory 
Line  6 –  Add Lines 1 through 5.  Also, enter the amount on             tax credit is nonrefundable for taxes paid on inventory by 
Schedule 6922, Line 11.                                                  any manufacturer who claimed the property tax exemption 
                                                                         under the Industrial Tax Exemption Program (ITEP) during 
NOTE: Use only the codes referenced in the table on Schedule             the same year the inventory taxes were paid. 
RC-P4. The codes listed here are not interchangeable with 
other codes.                                                             51F – Ad Valorem Natural Gas – You must attach Form R-10610 
                                                                         to your return showing the calculation of the credit. R.S. 
CODE                                     CREDIT DESCRIPTION              47:6006 allows a refundable credit for ad valorem taxes 
50F –  Inventory Tax – You must attach Form R-10610, Schedule            paid to political subdivisions in Louisiana on natural gas 
     of  Ad  Valorem  Tax Credit  Claimed  by Manufacturers,             held, used or consumed in providing natural gas storage 
     Distributors, and Retailers for  Ad  Valorem  Tax Paid on           services or operating natural gas storage facilities. For 
     Inventory or Natural Gas,  to your return showing the               purposes of the limitations on refundability, members 
     calculation of the credit. R.S. 47:6006 allows a refundable         included in a consolidated federal tax return will be treated 
     credit for ad valorem taxes paid to political subdivisions in       as one taxpayer. If the total amount eligible for the credit is 
     Louisiana on inventory held by manufacturers, distributors,         less than or equal to $500,000, 100 percent of any excess 
     or retailers. For purposes of the limitations on refundability,     credit  is  refundable,  and  for  total  eligible  amounts  above 
     members included in a consolidated federal tax return will          $500,000, 75 percent of any excess credit up to a maximum 
     be treated as one taxpayer. If the total amount eligible for        of $750,000 is refundable. For businesses formed or first 
     the  credit  is  less  than  or  equal  to  $500,000,  100  percent registered to do business in Louisiana after April 15, 2016, if 
     of any excess credit is refundable, and for total eligible          the total amount eligible for the credit is less than $10,000, 
     amounts above $500,000, 75 percent of any excess                    100 percent of any excess credit is refundable, and for total 
     credit up to a maximum of $750,000 is refundable. For               eligible  amounts of  $10,000 or  more, 75  percent of  any 
     businesses formed or first registered to do business in             excess credit up to a maximum of $750,000 is refundable.