Form 565 - Partnership Return Of Income - 2016 Page 2
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518 Depletion . Do not deduct oil and gas depletion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18
00
00
19 Retirement plans, etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
20 Employee benefit programs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
21 Other deductions . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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22 Total deductions . Add line 13 through line 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
23 Ordinary income (loss) from trade or business activities . Subtract line 22 from line 12 . . . . . . . . . . . . . . . . . .
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24 Tax — $800.00 (LPs, LLPs, and REMICs only). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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25 Withholding (Form 592-B and/or 593) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
26 Amount paid with extension of time to file return (form FTB 3538) . . . . . . . . .
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00
27 Total payments . Add line 25 and line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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28 Use Tax. This is not a total line. See instructions . . . . . . . . . . . . . . . . . . . . . .
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29 Payments balance . If line 27 is more than line 28, subtract line 28 from line 27 . . . . . . . . . . . . . . . . . . . . . . . .
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30 Use Tax balance. If line 28 is more than line 27, subtract line 27 from line 28 . . . . . . . . . . . . . . . . . . . . . . . . .
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31 Tax due . If line 24 is more than line 29, subtract line 29 from line 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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.
00
,
,
32 Refund . If line 29 is more than line 24, subtract line 24 from line 29 . . . . . . . . . . . . . . . . . . . . .
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33 Penalties and interest . See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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34 Total amount due . Add line 30, line 31, and line 33 .
.
,
,
00
Make the check or money order payable to the Franchise Tax Board . . . . . . . . . . . . . . . . . . . . .
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Schedule A Cost of Goods Sold
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1 Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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2 Purchases less cost of items withdrawn for personal use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
3 Cost of labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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4 Additional IRC Section 263A costs . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
5 Other costs . Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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00
6 Total . Add line 1 through line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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7 Inventory at end of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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8 Cost of goods sold . Subtract line 7 from line 6 . Enter here and on Side 1, line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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9 a Check all methods used for valuing closing inventory:
Lower of cost or market as described in Treas . Reg . Section 1 .471-4
Write down of “subnormal” goods as
(1)
Cost
(2)
(3)
described in Treas . Reg . Section 1 .471-2(c)
(4)
Other . Specify method used and attach explanation ___________________________
b Check this box if the LIFO inventory method was adopted this taxable year for any goods . If checked, attach federal Form 970 . . . . . . . .
c Do the rules of IRC Section 263A (with respect to property produced or acquired for resale) apply to the partnership? . . . . . . . . . . . . . .
Yes
No
d Was there any change (other than for IRC Section 263A purposes) in determining quantities, cost, or valuations between opening
and closing inventory? If “Yes,” attach explanation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
K What type of entity is filing this return? Check one only:
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General partnership
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LP required to pay annual tax (is doing business in CA, is registered with SOS, or is organized in CA)
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LP, LLC, or other entity NOT required to pay annual tax (is not doing business in CA, is not registered with SOS, and is not organized in CA)
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REMIC
LLP
Other (See instructions)
L Enter the maximum number of partners in this partnership at any time during the year . Attach a CA Sch . K-1 (565)
for each partner . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
M Is any partner of the partnership related (as defined in IRC Section 267(c)(4)) to any other partner? . . . . . . . . . . . . . . . . . . . . . . .
N Is any partner of the partnership a trust for the benefit of any person related (as defined in IRC Section 267(c)(4))
Yes
No
to any other partner? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
O Are any partners in this partnership also partnerships or LLCs? If “Yes,” complete Schedule K-1, Table 3 for each . . . . . . . . . . . . .
Yes
No
P Does the partnership meet all the requirements shown in the instructions for Question P? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
Yes
No
Q Is this partnership a partner in another partnership or multiple member LLC? If “Yes,” complete Schedule EO, Part I . . . . . . . . . . .
Side 2 Form 565
2016
3662163
C1
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