ARIZONA FORM
165
Resident Partner’s Share of Adjustment
2013
Schedule K-1
to Partnership Income
M M D D
2 0 1 3 and ending
M M D D Y Y Y Y
For the
calendar year 2013 or
fiscal year beginning
.
CHECK ONE:
Original
Amended
Partner’s Identifying Number
Partnership’s Employer Identification Number (EIN)
Partner’s Name
Partnership’s Name
Partner’s Address – number and street or rural route
Partnership’s Address – number and street or rural route
Partner’s City, Town or Post Office
State ZIP Code
Partnership’s City, Town or Post Office
State ZIP Code
Before Change or
Partner’s Percentage of:
Termination
End of Year
Profit sharing ...............................................
%
%
Loss sharing ................................................
%
%
Ownership of capital ....................................
%
%
Type of partner (individual, trust, etc.) .........
NOTE: Corporate partners must use Form 165, Schedule K-1(NR)
Part I:
Arizona Partnership Adjustment
00
1 Adjustment of partnership income from federal to Arizona basis – from Form 165, page 1, line 6 ...... 1
•
2 Partner’s percentage of profit or loss (expressed as a decimal) ........................................................... 2
3 Partner’s distributive share of the adjustment of partnership income from federal to Arizona basis –
00
multiply line 1 by line 2 .......................................................................................................................... 3
PARTNER’S INSTRUCTIONS FOR PART I:
The partnership is required to adjust its income from a federal to Arizona basis. Line 3 of Form 165, Schedule K-1, is the partner’s
distributive share of that adjustment. Report the amount from line 3 on your Arizona tax return according to the instructions below.
Resident Individuals:
If line 3 is a positive number, enter the amount on Form 140, page 2, line B11.
If line 3 is a negative number, enter the amount on Form 140, page 2, line C29.
Part-Year Resident Individuals:
If line 3 is a positive number, enter that portion of line 3 that is allocable to partnership income taxable by Arizona on Form 140PY,
page 2, line C23.
If line 3 is a negative number, enter that portion of line 3 that is allocable to partnership income taxable by Arizona on Form 140PY,
page 2, line D35.
Resident Estates or Resident Trusts:
If line 3 is a positive number, enter the amount on Form 141AZ, page 2, Schedule B, line B3.
If line 3 is a negative number, enter the amount on Form 141AZ, page 2, Schedule B, line B8.
ADOR 10344 (13)