Schedule K-1 

(Form 8865) 2019

Partner’s Share of Income, Deductions, 

Credits, etc.

Department of the Treasury 

Internal Revenue Service

▶ See back of form.

OMB No. 1545-1668

For calendar year 2019, or tax 

year beginning , 2019 

ending , 20 

Final K-1 Amended K-1

Part I Information About the Partnership

A1 Partnership’s employer identification number

A2 Reference ID number (see instructions)

B Partnership’s name, address, city, state, and ZIP code

Part II Information About the Partner

C Partner’s SSN or TIN (Do not use TIN of a disregarded entity). See instructions.

D1 Name, address, city, state, and ZIP code for partner entered in C. See instructions. 

D2 If partnership interest is owned through a disregarded entity (DE), enter DE’s:

TIN Name

E Partner’s share of profit, loss, capital, and deductions 

(see Partner’s Instr. (Form 1065)):

Beginning Ending

Profit % %

Loss % %

Capital % %

Deductions % %

Check if decrease is due to sale or exchange of partnership interest . .

F Partner’s Capital Account Analysis

Beginning capital account . . . . $

Capital contributed during the year . . $

Current year net income (loss) . . . . $

Other increase (decrease) (attach explanation) $

Withdrawals & distributions . . . . $ ( )

Ending capital account . . . . . $

G Partner’s Share of Net Unrecognized Section 704(c) Gain or (Loss)

Beginning . . . . . . . . . $ 

Ending . . . . . . . . . . $ 

For IRS Use Only 

Partner’s Share of Current Year Income, 

Deductions, Credits, and Other Items

Part III

1 Ordinary business income (loss)

2 Net rental real estate income (loss)

3 Other net rental income (loss)

4a Guaranteed payments for services

4b Guaranteed payments for capital

4c Total guaranteed payments

5 Interest income

6a Ordinary dividends

6b Qualified dividends

6c Dividend equivalents

7 Royalties

8 Net short-term capital gain (loss)

9a Net long-term capital gain (loss)

9b Collectibles (28%) gain (loss)

9c Unrecaptured section 1250 gain

10 Net section 1231 gain (loss)

11 Other income (loss)

12 Section 179 deduction

13 Other deductions

14 Self-employment earnings (loss)

15 Credits

16 Foreign transactions

17 Alternative minimum tax 

(AMT) items

18 Tax-exempt income and 

nondeductible expenses

19 Distributions

20 Other information

For Paperwork Reduction Act Notice, see Instructions for Form 8865. www.irs.gov/Form8865 Cat. No. 28396B Schedule K-1 (Form 8865) 2019
Schedule K-1 (Form 8865) 2019 Page 2

This list identifies the codes used on Schedule K-1 for partners and provides summarized reporting information for partners who file Form 1040 or 1040-SR. 

For detailed reporting and filing information, see the Partner’s Instructions for Schedule K-1 (Form 1065) and the instructions for your income tax return.

1. Ordinary business income (loss). Determine whether the income (loss) is

passive or nonpassive and enter on your return as follows:

Report on

Passive loss See Partner’s Instr. (Form 1065)

Passive income Schedule E, line 28, column (h)

Nonpassive loss See Partner’s Instr. (Form 1065)

Nonpassive income Schedule E, line 28, column (k)

2. Net rental real estate income (loss) See Partner’s Instr. (Form 1065)

 3. Other net rental income (loss)

Net income Schedule E, line 28, column (h)

Net loss See Partner’s Instr. (Form 1065)

4a. Guaranteed payment services See Partner’s Instr. (Form 1065)

4b. Guaranteed payment capital See Partner’s Instr. (Form 1065)

4c. Guaranteed payment total See Partner’s Instr. (Form 1065)

5. Interest income Form 1040 or 1040-SR, line 2b

6a. Ordinary dividends Form 1040 or 1040-SR, line 3b

6b. Qualified dividends Form 1040 or 1040-SR, line 3a

6c. Dividend equivalents See Partner’s Instr. (Form 1065)

7. Royalties Schedule E, line 4

 8. Net short-term capital gain (loss) Schedule D, line 5

9a. Net long-term capital gain (loss) Schedule D, line 12

9b. Collectibles (28%) gain (loss) 28% Rate Gain Worksheet, line 

4 (Schedule D instructions)

9c. Unrecaptured section 1250 gain See Partner’s Instr. (Form 1065)

10. Net section 1231 gain (loss) See Partner’s Instr. (Form 1065)

11. Other income (loss)

Code

A Other portfolio income (loss) See Partner’s Instr. (Form 1065)

B Involuntary conversions See Partner’s Instr. (Form 1065)

C Section 1256 contracts & straddles Form 6781, line 1

D Mining exploration costs recapture See Pub. 535

E Cancellation of debt Schedule 1 (Form 1040 or 

1040-SR), line 8, or Form 982

G Other income (loss) See Partner’s Instr. (Form 1065)

F Section 743(b) positive adjustments See Partner’s Instr. (Form 1065)

12. Section 179 deduction See Partner’s Instr. (Form 1065)

13. Other deductions

A Cash contributions (60%)

B Cash contributions (30%)

C Noncash contributions (50%)

D Noncash contributions (30%)

E Capital gain property to a 50% 

organization (30%)

F Capital gain property (20%)

G Contributions (100%)

} See Partner’s Instr. (Form 1065)

H Investment interest expense Form 4952, line 1

I Deductions—royalty income Schedule E, line 19

J Section 59(e)(2) expenditures See Partner’s Instr. (Form 1065)

K Excess business interest expense See Partner’s Instr. (Form 1065)

L Deductions—portfolio (other) Schedule A (Form 1040 or 

1040-SR), line 16

M 

 

Amounts paid for medical insurance 

 

Schedule A (Form 1040 or 

1040-SR), line 1, or Schedule 1 

(Form 1040 or 1040-SR), line 16

N Educational assistance benefits See Partner’s Instr. (Form 1065)

O Dependent care benefits Form 2441, line 12

P Preproductive period expenses See Partner’s Instr. (Form 1065)

Q Commercial revitalization deduction 

from rental real estate activities See Form 8582 instructions

R Pensions and IRAs See Partner’s Instr. (Form 1065)

S Reforestation expense deduction See Partner’s Instr. (Form 1065)

T through U Reserved for future use 

V Section 743(b) negative adjustments See Partner’s Instr. (Form 1065)

W Other deductions See Partner’s Instr. (Form 1065)

14. Self-employment earnings (loss)

Note: If you have a section 179 deduction or any partner-level deductions, see the 

Partner’s Instr. (Form 1065) before completing Schedule SE.

A Net earnings (loss) from self-employment Schedule SE, Section A or B

B Gross farming or fishing income See Partner’s Instr. (Form 1065)

C Gross non-farm income See Partner’s Instr. (Form 1065)

15. Credits

A Low-income housing credit (section 

42(j)(5)) from pre-2008 buildings

B Low-income housing credit (other) 

from pre-2008 buildings

C Low-income housing credit (section 

42(j)(5)) from post-2007 buildings

D Low-income housing credit (other) 

from post-2007 buildings

E Qualified rehabilitation expenditures 

(rental real estate)

F Other rental real estate credit

G Other rental credits } See Partner’s Instr. (Form 1065)

Code Report on

H Undistributed capital gains credit Schedule 3 (Form 1040 or 

1040-SR), line 13, box a

I Biofuel producer credit

J Work opportunity credit

K Disabled access credit

L Empowerment zone employment credit

M Credit for increasing research activities

N Credit for employer social security 

and Medicare taxes

O Backup withholding

P Other credits } See Partner’s Instr. (Form 1065)

16. Foreign transactions

A Name of country or U.S. possession

B Gross income from all sources

C Gross income sourced at partner level} Form 1116, Part I

Foreign gross income sourced at partnership level

D Reserved for future use

E Foreign branch category

F Passive category

G General category

H Other

} Form 1116, Part I

Deductions allocated and apportioned at partner level

I Interest expense Form 1116, Part I

J Other Form 1116, Part I

Deductions allocated and apportioned at partnership level to foreign source 

income

K Reserved for future use

L Foreign branch category

M Passive category

N General category

O Other

} Form 1116, Part I

Other information

P Total foreign taxes paid Form 1116, Part II

Q Total foreign taxes accrued Form 1116, Part II

R Reduction in taxes available for credit Form 1116, line 12

S Foreign trading gross receipts Form 8873

T Extraterritorial income exclusion Form 8873

U Other foreign transactions See Partner’s Instr. (Form 1065)

17. Alternative minimum tax (AMT) items

A Post-1986 depreciation adjustment

B Adjusted gain or loss

C Depletion (other than oil & gas)

D Oil, gas, & geothermal—gross income

E Oil, gas, & geothermal—deductions

F Other AMT items } See Partner’s Instr. (Form 1065) 

and the Instructions for 

Form 6251

18. Tax-exempt income and nondeductible expenses

A Tax-exempt interest income Form 1040 or 1040-SR, line 2a

B Other tax-exempt income See Partner’s Instr. (Form 1065)

C Nondeductible expenses See Partner’s Instr. (Form 1065)

19. Distributions

A Cash and marketable securities

B Distribution subject to section 737

C Other property } See Partner’s Instr. (Form 1065)

20. Other information

A Investment income Form 4952, line 4a

B Investment expenses Form 4952, line 5

C Fuel tax credit information Form 4136

D Qualified rehabilitation expenditures 

(other than rental real estate)

E Basis of energy property

F through G } See Partner’s Instr. (Form 1065)

H Recapture of investment credit See Form 4255

I Recapture of other credits See Partner’s Instr. (Form 1065)

J Look-back interest—completed longterm contracts See Form 8697

K Look-back interest—income forecast method See Form 8866

L Dispositions of property with section 

179 deductions

M Recapture of section 179 deduction

N Interest expense for corporate partners

O Code O through Y

Z Section 199A information

AA Section 704(c) information

AB Section 751 gain (loss)

AC Section 1(h)(5) gain (loss)

AD Deemed section 1250 unrecaptured 

gain

AE Excess taxable income

AF Excess business interest income

AG Gross receipts for section 59A(e)

AH Other information

} See Partner’s Instr. (Form 1065)