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General Instructions:

TIME AND PLACE FOR FILING

2013 IA 1065 Partnership Return of Income

The Iowa partnership return must be filed on or before the last day of the

File Electronically. Go to for details.

fourth month following the close of the partnership’s tax year. For calendar-

WHO MUST FILE

year filers, the due date is April 30, 2014. There is an automatic 6-month

Every partnership deriving income/loss from real, tangible, or intangible

extension of time to file after April 30, 2014. No extension request form is

property owned within Iowa or from a business carried on within Iowa. The

required. Mail returns to Income Tax Return Processing, Iowa Department

Iowa partnership form must also be used by syndicates, pools, joint ventures,

of Revenue, Hoover State Office Building, Des Moines, Iowa 50319-0120.

limited liability companies, and other similar entities required to report activities

Partners with pass-through income need to review individual, LLC, trust,

on a federal partnership return. Please note: Only partnerships with activity

or corporate income tax due dates and filing requirements. These

(income/loss) from Iowa sources, or which are domiciled in Iowa, are required

instructions are available online .

to file. A non-Iowa partnership should not file only because one or more of

CONTACTING THE DEPARTMENT

its partners are Iowa residents, or because the partnership is registered with

For further information, contact Taxpayer Services, Iowa Department of

the Iowa Secretary of State.

Revenue, PO Box 10457, Des Moines, Iowa 50306. Des Moines area or

DISTRIBUTION OF PARTNERSHIP INCOME

from out of state, call (515) 281-3114. Elsewhere in Iowa or the Rock

A partnership is not a taxable entity in Iowa, but the members of a

Island/Moline or Omaha areas, call toll free at 800-367-3388. Forms and

partnership are taxed on their individual shares whether actually distributed

publications: . E-mail: idr@iowa.gov.

to them or not. This “pass-through” income is reportable on the partner’s

FEDERAL PARTNERSHIP RETURN

individual, trust, or corporate tax return.

A copy of the federal partnership 1065 return and all other supporting

Individual partners: If the tax year of a partner is different from that of

schedules, except the federal K-1, must be attached to this form.

the partnership, the distributable share is to be included in the individual

Specific Instructions:

return for the year in which the tax year of the partnership ends. When

2013 IA 1065 Partership Return of Income

filing Iowa individual income tax returns, all partners must report all

Calendar year or fiscal year: If your partnership operates on a fiscal- year

partnership income that is reportable on the partner’s federal return on the

basis, enter your beginning and ending dates here, otherwise leave blank.

IA 1040. Modifications may be reported on the “other adjustments” or

The Iowa partnership return must be made on the same period basis as the

“other income” lines of the IA 1040. In addition, nonresident partners must

partnership accounts are required to be kept for federal tax purposes, even

report all Iowa-source income and adjustments on Iowa form IA 126, “Iowa

if partners report their incomes on a different year basis.

Nonresident and Part-year Resident Credit.” Individual income tax filing

PART I

requirements are available in the IA 1040 instruction booklet. These



Enter the partnership’s name and address.

instructions are available online at .



Enter a contact person’s name and phone number. The contact person

COMPOSITE FILING

should be able to answer specific questions about the partnership’s

A partnership may file an Iowa composite individual income tax return and

operations and accounting practices.

pay any tax due on the behalf of nonresident partners. See form IA 1040C

for further information.



Enter your FEIN. If the partnership has a federal FEIN, it must be entered

here. If the partnership has applied for but not yet received a number,

APPORTIONMENT OF IOWA-SOURCE INCOME

enter “applied for” and inform the Department of the number once you

If a partnership’s income is from the manufacture or sale of tangible

obtain it. For information on obtaining a FEIN, contact the IRS at 1-800-

personal property, the amount of income apportioned to Iowa is to be based

829-4933.

on that portion which the gross sales made within the state bears to the



total gross sales of the partnership. The sale of tangible property occurs in

Enter the county number of your main Iowa location. Non-Iowa

Iowa if the property is shipped or delivered to a point within Iowa,

partnerships without an Iowa location should enter 00.

regardless of the Freight on Board (F.O.B.) point or other conditions of



Enter the business code number provided by the Internal Revenue Service

the sale. If the partnership’s distribution includes income derived from

(IRS) for the specific industry group corresponding to the partnership’s

business other than the manufacture or sale of tangible personal property,

primary business activity.

it is to be apportioned to Iowa in the ratio to which the Iowa gross receipts



Enter a one- to two-word description of the partnership’s principal activity.

bear to the total gross receipts of the partnership. The partnership will



Enter the total number of partners.

provide each partner a copy of the Iowa K-1, which will show how the



List other states the partnership operates in, if any.

Iowa portion of the partnership income is apportioned to each partner.

PART II - PARTNERSHIP INFORMATION

TAX PREFERENCE ITEMS



List the type of return being filed: Partnership, LLC, or LLP.

If the partnership had tax preference or minimum tax adjustment items, they

will be allocated to the partners in the same ratio as net income from the



Answer the three questions about your partnership’s activities. Please

partnership is allocated. The partners may be subject to the Iowa minimum

note: If you answered “no” to all three questions, the partnership is not

tax on the items of tax preference or adjustments allocated to them.

required to file an IA 1065, unless its commercial domicile is in Iowa. If

you answered “yes” to any question, or if its commercial domicile is in

MOTOR FUEL TAX CREDIT

Iowa, the partnership must file an IA 1065, including the IA K-1. If the

If the partnership does not have a motor fuel tax refund permit or canceled

commercial domicile is Iowa and you answered “no” to all three questions,

its refund permit within the first 30 days of the year, a motor fuel credit

enter “zero” in column (b) of the K-1 for each nonresident partner. If you

may be claimed by each partner on his or her individual income tax return

answered “yes” to any question, you must enter a percentage greater than

(or by a C corporation if it is a partner). If a motor fuel credit is claimed,

zero in column (b) of the K-1 for each nonresident partner.

complete the IA 4136 and attach it to the IA 1065. Each partner’s share is

recorded in Part III of the partner’s IA K-1.

PART III - MODIFICATION OF PARTNERSHIP INCOME

Line 1 - Net together items of income or loss on the federal Schedule K

OTHER TAX CREDITS

and those deductions on the federal Schedule K that do not qualify as

Partners may qualify for various tax credits passed through to them by the

itemized deductions. Enter the net figure on this line.

partnership. The partnership must complete the appropriate form(s), where

Line 2 - Enter the total interest and dividends from foreign securities, from

applicable, to compute these credits (for example: IA 128; IA 137) and

securities of state and other political subdivisions, and from regulated

attach them to the IA 1065. The partnership is not required to complete an

investment companies exempt from federal income tax and not exempt from

IA 148 Tax Credits Schedule. Each partner’s share of Iowa tax credits must

Iowa income taxes.

be recorded in Part III of the partner’s IA K-1 including certificate numbers.

Partners must complete the IA 148 to claim credits, reporting the partnership

Line 3 - If a partnership is a member of another partnership or the

in Part IV as the pass through entity.

beneficiary of an estate or trust, enter the partnership’s distributive share

of ADDITIONS furnished you by the other partnership, estate, or trust.

41-017a (08/27/13)

Instructions For Form Ia 1065 - Partnership Return Of Income File Electronically - 2013

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