Form Ia 1065 - Schedule K-1 - Partner'S Share Of Iowa Income, Deductions, Modifications - 2012

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Iowa Department of Revenue
2012 IA 1065 Schedule K-1
Partner’s Share of Iowa Income, Deductions, Modifications
Part I: General Information
Amended K-1
Partnership or Limited Liability Company Information:
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Partner’s Entity Type:
Name: __________________________________________________
Individual
Corporation
Trust
Partnership
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FEIN: _________________________________________________
S Corporation
Other: _____________________
Partner Information:
Resident Partner
Nonresident Partner
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Name: _________________________________________________
Partner’s Ownership Percentage: ________________ %
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Social Security Number / FEIN: _____________________________
Partnership Iowa Receipts: $ _______________
Address: ________________________________________________
Partnership Total Receipts: $ _______________
City, State, ZIP: __________________________________________
Partnership BAR from page 1, Part IV, line 13: ______ %
NONRESIDENT PARTNERS ONLY
Part II: Partner’s Pro Rata Share Items
(a)
(b)
(c)
Federal K-1 Amount
Business Activity Ratio Apportionable To Iowa
NOTE: Completed Iowa Schedule K-1s for all partners
(Same ratio applies
(a) x (b)
must be included with the IA 1065 Partnership Return.
to each line item)
1. Ordinary business income (loss) ................................................... 1. __________________________________________________
2. Net rental real estate income (loss) ............................................... 2. __________________________________________________
3. Other net rental income (loss) ........................................................ 3. __________________________________________________
4. Guaranteed payments .................................................................. 4. __________________________________________________
5. Interest income ............................................................................... 5. __________________________________________________
6. Dividends line 6a, federal K-1 ........................................................ 6. __________________________________________________
7. Royalties ......................................................................................... 7. __________________________________________________
8. Net short-term capital gain (loss) ................................................... 8. __________________________________________________
9. Net long-term capital gain (loss) line 9a, federal K-1 .................... 9. __________________________________________________
10. Net section 1231 gain (loss) ........................................................ 10. __________________________________________________
11. Other income (loss) ...................................................................... 11. __________________________________________________
Total Income. Add lines 1 through 11. .............................................
__________________________________________________
12. Section 179 deduction ................................................................. 12. __________________________________________________
13. Other deductions .......................................................................... 13. __________________________________________________
Total deductions. Add lines 12 and 13. ...........................................
__________________________________________________
Balance. Subtract total deductions from total income. .................
__________________________________________________
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14. Credits from the credit section of federal K-1 .............................. 14. __________________________________________________
15. a) Post-1986 depreciation adjustment ....................................... 15a. __________________________________________________
b) Adjusted gain or loss ............................................................. 15b. __________________________________________________
c) Depletion other than oil and gas ........................................... 15c. __________________________________________________
d) Gross income from oil, gas, and geothermal properties ....... 15d. __________________________________________________
e) Deductions allocable to oil, gas, and geothermal properties15e. __________________________________________________
f ) Other adjustments and tax preference items.
Attach schedule. ..................................................................... 15f. __________________________________________________
(a)
(b)
(c)
All Source Modifications Business Activity Ratio
Apportionable To Iowa
(a) x (b)
16. MODIFICATIONS SCHEDULE .................................................... 16. __________________________________________________
Part III: Partner’s Portion of IA Credits /Withholding
Type of Iowa Credit
Certificate Number
Current Year Amount
IA Income Tax Withheld
TO THE PARTNER : You may have a filing requirement with the State of Iowa, regardless of whether or not you are a resident of
another state. The partnership may file a composite return on behalf of its nonresident partners and should notify you if they have
done so. To claim any withholding or tax credits, a return must be filed. Filing information for individuals, corporations, and other
entities are provided on our Web site: or by calling (515) 281-3114 or 1-800-367-3388.

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