2003 Partner's Share of Income, Credits, Deductions, etc.


Submitted by:     Your Email Address:
Partner Employer ID No.


Partner Name
Partnership ID Number
Partnership Name
Partnership Address
Partnership Address
Partnership City ST ZIP

This Partner is a
What type of entity is the partner?

Is this partner a
domestic or a foreign partner?


Enter partner's percentage of:

Beginning

Ending

Profit Sharing
Loss Sharing
Ownership of capital

  IRS Center where partnership filed return:
Partners share of liabilities:
Nonrecourse
  Qualified nonrecourse financing
  Other
Tax Shelter registration Number
Partner's Tax Basis
Investment at Risk?
Partner is Active Passive  

Is this partnership is a publicly traded partnership? No / Yes

Check applicable boxes: (1) Final K-1 (2) Amended_K1


Analysis of partner's capital account:

Beginning Capital

Contributed
Capital

Partner's
share 3,4,7

Withdrawals
Distributions

Ending
Capital


INCOME (LOSS)

  1 Ordinary Income (loss) from trade or business
  2 Net income (loss) from rental real estate
  3 Net income (loss) from other rental activities
  4 Portfolio income (loss)  
    4a Interest
      b(1) Qualified Dividends
      b(2) Ordinary Dividends
      c Royalties
      d(1) Net short term capital gain (loss) (post-May 5, 2003)
      d(2) Net short term capital gain (loss) (entire year)
      e(1) Net long term capital gain (loss) (post-May 5, 2003)
      e(2) Net long term capital gain (loss) (entire year)
      f Other portfolio Income (loss)
  5 Guaranteed Payments to partner
  6a Net Gain Loss under Section 1231 (post-May 5, 2003)
      b Net Gain Loss under Section 1231 (entire year)
  7 Other income (loss) (Enter details in "Other Comments" below)
DEDUCTIONS
  8 Charitable Contributions
  9 Section 179 expense deduction
10 Deductions related to portfolio income
11 Other Deductions
CREDITS  
12a Low-income housing credit:
    (1) From Section 43(j)(5) partnerships
    (2) Other than on line 12a(1)
    b Qualified rehabilitation expenditures related to rental real estate activities
    c Credits (other than credits shown on lines 12a and 12b) related to
rental real estate activities
    d Credits related to other rental activities
13 Other Credits
INVESTMENT INTEREST  
14a Interest expense on investment debts
14b (1) Investment Income incl on lines 4a,4b,4c,4f
    (2) Investment expenses inluded on line 10 above
SELF-EMPLOYMENT
15a Net earnings (loss) from self employment
    b Gross farming or fishing Income
    c Gross nonfarm income
ADJUSTMENTS AND TAX PREFERENCE ITEMS
  16a Depreciation adjustments on property placed in service after 1986
      b Adjusted Gain or Loss
      c Depletion (other than oil and gas)
    d (1) Gross income from oil, gas, and geothermal properties
    (2) Deductions allocable to oil, gas,geothermal properties
    e Other adjustments and tax preference items (Enter details in "Other Comments" below)
FOREIGN TAXES
  17a Name of Foreign Country or US Possession  
      b Gross income from all sources
      c Gross income sourced at partner level
      d Foreign gross income sourced at partnership level  
    (1) Passive
    (2)Listed categories (Enter details in "Other Comments" below)
    (3) General limitation
      e Deductions allocated and apportioned at partner level  
    (1) Interest expense
    (2) Other
      f Deductions allocated and apportioned at partnership level to foreign source income:  
    (1) Passive
    (2) Listed categories (Enter details in "Other Comments" below)
    (3) General limitation
      g Total foreign taxes (check one) Paid Accrued
      h Reduction in taxes available for credit
OTHER
18 Section 59(e)(2) expenditures: a Type  
      b Amount
19 Tax-exempt Interest Income
20 Other Tax-exempt Income
21 Nondeductible Expenses
22 Distributions of Money (cash & marketable securities)
23 Distributions of Property other than Money
24a Recapture of low-income housing credit: From section 42(j)(5) partnerships
      b Other than on line 24a

Other Question, Comments: (Include any information from Line 25
on your Schedule K-1 received from the partnership.)


    

   

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